Fast Mortgage Calculator Short Description:
This software calculates the fixed rates mortgages of your loan.
Fast Mortgage Calculator Long Description:
This software calculates the fixed rates mortgages of your loan. With one button you can see your monthly payment. Fast and easy to use. Fast Mortgage Calculator can be used to estimate monthly payments and check different combinations of interest rates for any type of fixed rate mortgage.
In a fixed rate mortgage, your payments and interest rate will stay the same throughout the life of the loan. If your monthly payment is $1,200.00 monthly, that's what you will pay every single month for 30 years. You should keep in mind that even though your monthly payment stays the same if you have an fixed rate mortgage, property taxes and insurance rates are not fixed. When you calculate these amounts, you should give yourself some leeway to allow for insurance and tax increases in your budget.
Step one: Enter your mortgage amount
Step two: Enter your mortgage term in years
Step three: Enter the mortgage interest per year
Step four: Click Calculate button
Now you can see your monthly payments!