Mortgage Calculators and Online Financial Tools

by Nancy Osborne, COO of ERATE

Home owners and other consumers in search of financing can take advantage of our expanding and comprehensive array of nearly 20 mortgage calculators and useful tools for financial analysis.

Consumers now have access to a greater collection of specialized mortgage calculators and online financial tools than ever before through erate.com.

Our vast yet easy-to-use collection of tools covers everything from calculating mortgage payments, emphasizing different loan variables, to debt consolidation.

An overview of nearly 20 calculators and tools is available here:
http://www.erate.com/calc.htm

Examples include:

Monthly Mortgage Payment Calculator
Allows you to explore the results of changes to your loan balance, mortgage term, and interest rate and the impact these changes will have on your monthly mortgage principal and interest payments.
Interest Only Calculator
Although interest only calculations are quite simple, calculators available on the web for this purpose are all too rare. This calculator gives you a quick look at what your interest payment will be each month.
Refinance Mortgage Calculator
Should I refinance? Explore the pros, cons and options of refinancing your current mortgage.
How Much Do I Qualify For?
This calculator shows you how much income you need to purchase a home (based on standard loan underwriting guidelines). Compare and contrast income, mortgage payments and other factors.
JAVA Mortgage Payment Calculator
This mortgage calculator displays your mortgage payment for the term of your loan and beyond.
Debt Consolidation Calculator
The Debt Consolidation Calculator will show you how to reduce your monthly payments and hopefully save you money in the process.
Mortgage & Bond Market Update
Get current Mortgage and Bond Market commentary, an Economic Calendar, U.S. Treasury and Bonds Yields, Analysis of Market Direction, Interest Rate Trends, Current Index Yields and Market Report Archives.
Market Commentary
Commentary on the markets which impact mortgage rates.