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Mortgage Calculator Checklist

By Jim Bruene on May 13, 1998 9:13 AM

How many of these calculations do you offer on your Web site? If your answer is five or less you’re not paying enough attention to some of your best prospects, those in the market for a new or refinanced mortgage. What are you waiting for? SmartCalc www.smartcalc.com will license this whole set of mortgage-related calculators for $7,500 plus $750/yr. You won’t need but a handful of incremental loans to earn back that investment. See page 11 for more information.

  •  How much can I borrow?
  •  How much will my payments be?
  •  How much will adjustable rate payments be?
  •  Which is better: fixed or adjustable?
  •  Should I pay points to lower the rate?
  •  Which is better: 15 or 30 year term?
  •  How much should I put down?
  •  How much can I save in taxes?
  •  What will my closing costs be?
  •  Am I better off renting?
  •  Am I better off refinancing?
  •  What will my refinancing costs be?
  •  How can I reduce mortgage insurance costs?
  •  Which lender has the better loan?
  •  Which loan is better?
  •  How advantageous are extra payments?
  • What house can I afford?

     
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