The loan calculator is a tool that is offered so that you can determine monthly mortgage payments for a specific loan amount that you are interested in. We provide this information so that you can decide and prepare for the housing expenses before and after the home purchase.
The loan calculator allows you to work with different scenarios for loan amount, interest rate, down-payment and other variables in the mortgage financing decisions. Preparing a budget for the housing expense in relation to your income is an important part of purchasing a home. This tool also provides options for different mortgage programs such as fixed rates, adjustable rates, balloon mortgages and advanced loan options.
Remember, once you have decided to explore a home purchase for your primary home, vacation home or investment it is important that you choose a Realtor and Certified Mortgage Planning Specialist that have the industry credentials to provide you with the expertise you deserve.
At Your Service,
Wendy Olson, CMPS
Please click on the following link for more detailed information regarding Loan Calculators: MetLife Home Loans