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It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes, and monthly payments to help you make a good financial decision.
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Interest paid on a mortgage is tax deductible if you itemize on your tax return, so are points that are paid to lower your interest rate. Use this calculator to determine how much you could save in income taxes.
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Generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay and your principal balances. You can even determine the impact of any principal prepayments!
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A fixed rate mortgage has the same payment for the entire term of the loan. Use this calculator to compare a fixed rate mortgage to Interest Only Mortgage.
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