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Mortgage Calculators
Mortgage calculators can help you evaluate your purchase or refinance transaction from a number of different perspectives. Use the tools at your leisure but don’t hesitate to contact one of our professional mortgage bankers to discuss what options may best fit your financial situation.
Payment/Amortization
Calculate your monthly payment for fixed-rate or adjustable-rate loans and see the how the principal is paid over the loan term.
Rent vs. Own
Calculate the difference between renting and buying a home.
Annual Percentage Rate (APR)
Calculate the APR for fixed-rate or adjustable-rate loans.
Debt Consolidation
Determine if you can consolidate your debt by combining it with your home mortgage.
Prepayment Savings
Find out how soon you can pay off your mortgage by making a prepayment.
Early Payoff
Determine the additional monthly payment amount needed to pay off the loan in a shorter period of time.
Refinance Break-Even Point
This calculator helps you determine how long it will take to "break-even" on a refinanced loan, factoring in the new interest rate and closing costs.
Tax Savings
Determine the estimated tax savings after a period of years with a new loan.
 
The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
The Equitable Mortgage Corporation
3530 Snouffer Road, Suite 100, Columbus, OH  43235
Toll Free:  (800) 424-1232
Office:  (614) 764-1232
info@eqfin.com
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