For those who are seeking for a mortgage, Sunnet offers a free service of calculators:
- Click here to go to Sunnet mainpage or click on the images to be redirected to the calculators pages.
Mortgage Amortization Calculator
This calculator should be used by those who want to generate an estimated amortization schedule for your current mortgage.
Fill in with the required information as:
- Mortgage amount
- Term (years)
- Interest rate
- Report amortization (Annually or Monthly)
- Prepayment type
After filling in with the required information click on Calculate and see the results.
ARM vs. Fixed Rate Mortgage Calculator
Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
Fill in with the required information as:
- Mortgage amount
- Term (years)
- Interest rate
- Report amortization
Then select the type of ARM of your choice and fill in the blanks.
After completing it click on calculate and see the results.