CalculatorsPoudre Valley Mortgage offers you a variety of calculators to help you answer important financing questions. There are a number of ways to approach an affordability analysis, and these calculators allow you to assess the effects of different variables when buying a home.
- The Mortgage Qualification Calculator shows you how much income you need to buy a home.
- The Loan Cost Calculator allows you to enter your income, debt, the interest rate of your loan, and other variables to figure the cost of the loan.
- The Amortization Calculator displays your mortgage payment for the term of your loan.
- The Mortgage Amortization Calculator allows you to view the affect of each payment for the life of your loan.
- The Monthly Payment Calculator allows you to explore the outcome of changes to your loan balance, mortgage term, and interest rate on your monthly P&I payments.
- The Bi-weekly Mortgage Calculator figures payments for a bi-weekly payment program.
- The Prepayment vs. Investment Calculator compares what would happen if you took one of two choices with some extra cash you have -- prepaying your mortgage each month, or investing it instead.
- The Balloon Mortgage Calculator helps you to determine whether lower fixed payments for the first five years of the loan is a better solution for you over the conventional 30 year mortgages.
- The Prepayment Calculator takes a principal amount, interest rate, normal length of the loan and either how much total a month to pay or how long you want to pay to determine whether prepaying changes your loan.
Calculators may not be 100% accurate. If you would like further assistance please contact one of our loan specialists.
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