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Mortgage Calculators for Buyers

When you’re shopping for a   real estate property, there are plenty of things to think about, and the mortgage you can qualify for is just one. However, during the process you’ll be evaluating a number of properties and mortgage options. The ability to “run the numbers,” checking the property financing details with different mortgage and down payment options, is important.

Use the mortgage calculators on this page to help you run those numbers and try different combinations of interest rate and down payment with each home on your list. There’s no substitute for knowledge and preparation.
Do-You-Qualify.jpg Do You Qualify?
Understanding how much of a mortgage you can qualify for...
Compare-Interest-Only-vs-Principal.jpg Compare Interest Only vs. Principal
Calculate the difference between interest only mortgage & principal mortgages
Calculate-Amortized-Payments.jpg Calculate Amortized Payments
Determine the monthly payment amount based on the amount borrowed & more ...
Meet-a-Payoff-Goal.jpg Meet a Payoff Goal
How much additional monthly payment is necessary to pay off your mortgage?
TaxSavings.jpg Tax–Savings
Estimate the savings in taxes that can be realized due to interest & property taxes!
Compare-Consolidation-and-Re-Financing.jpg Compare Consolidation & Re–Financing  
Compare refinancing a single mortgage vs. consolidating a first & second mortgage ...
Refinancing-a-Mortgage.jpg Refinancing a Mortgage
See the cost and savings of refinancing at a lower interest, net of closing costs...
Compare-Monthly-vs-Bi-weekly.jpg Compare Monthly vs. Bi–weekly
Save more by making one half of your mortgage payment every two weeks ...
Compare-Mortgage-Rates.jpg Compare Mortgage Rates
See the differences in mortgage payments and interest costs at different rates ...
Compare-Term-of-Your-Mortgage.jpg Compare Term of Your Mortgage  
This calculator will compare monthly payments of different mortgage terms ...
    

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Contact Info
Joseph Okesola

Managing Broker/Owner

Joseph Realty and Investments

AON Center 200 E Randolph Ave. Suite 5100
Chicago  Illinois 60601

P: 312-772-7097 F: 312-772-7098 support@illinoisrealestatefinder.com

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