November 14, 2008, Newsletter Issue #142: Mortgage Calculators Have Many Uses

Tip of the Week

Try your hand at an online mortgage calculator. These calculators have a variety of uses for obtaining online mortgage loan information. Here's what you can do with an online mortgage calculator.
* Adjustable rate mortgage calculator. Since interest rates vary with an adjustable mortgage rate, this calculator helps figure monthly payments over the life of the loan.
* Mortgage payment calculator. It estimates monthly payments and may produce mortgage amortization schedules.
* Mortgage loan rate calculator. Helps consumers get details on mortgage loans and mortgage loans for bad credit. It can help people find favorable quotes.

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