There are relatively few mortgage calculators available. This one is one of the best. This allows you to specify any variable and calculate the effect of this on the final variable. For example, if you pay an extra $100 each month, by how much would you reduce the term of the mortgage? If the interest-rate lowers half percent, how much will that affect the monthly payment. Or alternately with the same payment how much will that reduce the term of the loan. All these things are calculable on this app. You dont need any other mortgage calculator aside from this one. This also allows month as well as year time frames
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