Watch your Debt Dissapear!!!
home
|
site map
|
contact us
Debt Relief
Debt Consolidation
Learning Center
Start Now
Mortgage Loans
Calculators
Mortgage
Calculators
Refinance Payment Calculator
Refinance Principal Calculator
Mortgage Length Calculator
Mortgage Affordability Calculator
Tax Benefits Calculator
Should I Refinance?
Should I Pay Points to Lower Interest Rate?
Should I use HELOC to Lower Debt Payments?
How Much Income do I Need to Qualify?
What Better: Take a Second Loan or Pay PMI?
Interest-Only Mortgage Calculator
Which Mortgage Loan is Better?
Refinance Bi-Weekly Calculator
Compare Lender Rates
Type of Loan:
Refinance
Debt Consolidation
Home Improvement
Cash-Out
Home Purchase
Equity Loan
Second Mortgage
Home Description:
Single Family
Condo
Townhouse
2-4 plex
Mobile Home
Your Credit Profile:
Excellent
Good
Fair
Poor
Get the Best Debt Solution!
Credit Card Debt:
Select one
0
1 - 2,499
2,500 - 4,999
5,000 - 7,499
7,500 - 9,999
10,000 - 12,499
12,500 - 14,999
15,000 - 19,999
20,000 - 29,999
30,000 - 39,999
40,000 - 49,999
50000+
Other Unsecured Debt:
Select one
0
1 - 2,499
2,500 - 4,999
5,000 - 7,499
7,500 - 9,999
10,000 - 12,499
12,500 - 14,999
15,000 - 19,999
20,000 - 29,999
30,000 - 39,999
40,000 - 49,999
50000+
Unsecured debt is debt for which the creditor holds no collateral:
Includes:
Does Not Include:
Medical Bills
Cell phone Bills
Legal Bills
Personal Loans
Department Store Cards
Mortgage Payments
Auto Payments
Student Loans
Secured Loans
Income Tax Payments
Number of Creditors:
Select one
2
3
4+
Second Loan vs PMI
Input
Property Info
Home Value
($)
Additional Info
Annual PMI
($)
(%)
Downpayment
5%
10%
15%
Standard
80% Loan
Second
Interest
(%)
(%)
(%)
Loan Length
(Yrs)
(Yrs)
(Yrs)
Points
(%)
(%)
(%)
ClosingCost
($)
($)
($)
Show amortization table
Financial Analysis
Standard
80% Loan
Second
Points Value
$2,700.00
$3,600.00
$300.00
ClosingCost
$1,200.00
$700.00
$1,000.00
Total Closing Cost
$3,900.00
$5,600.00
Downpayment
$30,000.00
Upfront Cost
$33,900.00
$35,600.00
Amount Financed
$267,300.00
$236,400.00
$29,700.00
Monthly Payment
$1,394.36
$1,162.95
$250.63
Months with PMI
70
0
0
Monthly PMI
$112.50
$0.00
$0.00
Total Monthly Payment
$1,506.86
$1,413.57
Total Interest Paid
$234,670.80
$197,673.11
Total PMI
$7,875.00
$0.00
$0.00
Total Payments
$509,845.80
$463,773.11