There are a lot of factors to consider when determining the costs of purchasing a home.
Fortunately, our website, cnbohio.com, has a variety of mortgage calculators available for you to input different scenarios in order to understand what makes the most sense for you. These calculators are a good starting point as you begin to look at your finances and work with your lender.
These interactive calculators are easy to use and address many different questions you may have, such as:
- What's the Maximum Mortgage I Qualify For?
- Should I Consider a 15 Year vs. a 30 Year Mortgage Term?
- Should I Buy Points to Get a Smaller Monthly Payment?
|Adjustable Rate Mortgage Calculator||This calculator helps you to determine what your adjustable mortgage payments will be.|
|ARM vs. Fixed Rate Mortgage||Use this calculator to compare a fixed rate mortgage to a Fully Amortizing ARM.|
|Maximum Mortgage||Use this calculator to determine your maximum mortgage and how different interest rates affect your how much you can borrow.|
|Mortgage Comparison: 15 Years vs. 30 Years||Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you.|
|Mortgage Loan Calculator||Use this calculator to determine your monthly payment and amortization schedule.|
|Mortgage Points Calculator||Should you buy points? Use this calculator to find out.|
|Refinance Interest Savings||Use this calculator to see how much interest you can save by refinancing your mortgage!|
|Rent vs. Buy||Are you better off buying your home, or should you continue to rent?|
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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