Online calculators help buyers figure mortgage rate

REAL ESTATE WATCH

July 25, 2004|By Knight Ridder/Tribune

Several Web sites have online calculators that can help a prospective homebuyer figure out the rate that can be expected and the amount of monthly mortgage payments.

Here are a few:

Bankrate.com

www.bankrate.com/brm/calculators/mortgages.asp

Features mortgage and amortization calculators.

Relator.com

www.homefair.com/homefair/usr/qualcalcform.html

Determine the loan amount you can qualify for by income, savings and rate.

HSH Associates, Financial Publishers

www.hsh.com/calc-howmuch.html

Calculator provides an affordability estimate.

LoanSaver.org

www.loansaver.org/calculate.php

Figures monthly payment based on price, down payment, length of loan and rate.

Knight Ridder/Tribune

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