The interest on a fixed rate mortgage that you took several years ago may have dropped drastically. Refinancing the existing mortgage will entitle you to avail of the reduced interest rate.
Calculate your mortgage payment. Create an amortization schedule. Discover what you will owe in 5 years.
Calculate your mortgage payment for several payment frequencies (weekly, bi-weekly, semi-monthly and monthly). Discover how many years you will shorten your amortization.
Calculate your mortgage payment. Discover how many years you will shorten your amortization and how much interest savings you will realize by making a prepayment (lump sum) on your mortgage.
The Mortgage Isolator
Isolate a variable in the determinants of a mortgage payment
Mortgage Comparison Calculator
Compare different mortgages.