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Differential calculation between two mortgage loans

Use this calculator to determine the benefits of specific mortgage opportunities in comparison with others. Should you take a cash incentive or should you opt for a reduction in the interest rate? Should you reimburse your loan before its term is over or should you allow the next homeowner to take over payments? Should you refinance your home before your loan comes to term or should you wait? Use this handy calculator to answer these questions.


How it works:

1.

Mortgage A represent the contracted interest rate and Mortgage B represent the market interest rate.

2.

Click on "calculate."

3.

To start over, click on "reset for new calculation."

Mortgage AMortage B
Country :
Loan amount : $
Interest rate : % %
Term :
Amortization period :
Payment schedule :
Number of months left in term :

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