Free Mortgage Calculator

by Media Freeware

An easy-to-use tool for comparing property loan repayments and calculating mortgage costs efficiently.

Operating system: Windows

Publisher: Media Freeware

Release : Free Mortgage Calculator 1.0

Antivirus check: passed

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Whether you're planning to buy or refinance a property, our free mortgage calculator software is an indispensable tool for estimating the cost of your mortgage over the loan's duration.

It's user-friendly and delivers results swiftly. This straightforward table presents mortgage information in a logical and direct manner. A powerful and useful feature of the software is the comparison of monthly payments versus bi-weekly payments, along with potential interest savings between these two payment methods.

Features:
  • Customizable: The mortgage calculator software can be tailored to your liking, just like your personalized Excel spreadsheet.
  • Easy Calibration: With this software, you can effortlessly calibrate essential mortgage variables: house value, mortgage rate, loan duration, property tax, and PMI insurance.
  • Tax Calculation: A mortgage calculator with a built-in tax feature is a fitting option that's often overlooked in other loan calculator's results.
  • Comparison: The software’s clearly organized information allows you to compare different loan repayment setups with just a few keystrokes.

In terms of ease of use, the numbers in the variables can be easily adjusted to evaluate the effects of additional years, mortgage rates, property taxes, and/or insurances. There are numerous mortgage calculators on the internet, however, our calculator performs the necessary procedures very effectively, allowing you to compute all the information you need to finance your home.

Using this free mortgage calculator software enables easy financial planning and comparison for property loans.

Simply input your potential real estate loan values into the mortgage calculator and hit calculate; instantly, the results will appear in a column to the right of the calculator.

Must support input of major mortgage variables.
Should include a tax calculation feature.
Must have an user-friendly interface.
Should allow for easy comparison of loan repayment setups.

PROS
Allows comparison of different loan repayment setups.
Built-in tax feature for more accurate estimations.
Customizable and easy calibration of mortgage variables.

CONS
Lacks advanced features available in premium software.
No ability to save calculations for future reference.
Interface might be too simplistic for some users.
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