Web

Rebuz

Home > Mortgage Calculator Tools > Second Mortgage Calculator
Second Mortgage Calculator

Current Interest Rates

Use this Second Mortgage Calculator to figure out your total monthly mortgage payment, interest and PMI if you take a second loan or pay PMI.

Real Estate

Buying a Home

Credit Counselors

Credit Information

Find a Lender

Glossary of Real Estate Terms

Home Price Appreciation by State

Home Price Calculator

Home Ownership Video

Homebuying Worksheet

Interest Rates

Interest Rate Commentary

Mortgage Checklist

Types of Loans

Conference Calendar

 


Why you should calculate taking second loan or paying PMI is better

More Info: Figuring out a Home Refinance ?

Input Information
Property Information
Home Value : ($)
Additional Information
Annual PMI :
Down Payment :
  Standard 80% Loan Second Loan
Interest Rate : (%) (%) (%)
Length : Yrs Yrs Yrs
Points : (%) (%) (%)
Closing Cost : ($) ($) ($)
 Let Me Print That Form in PDF!

Financial Analysis
  Standard 80% Loan Second
Points Value : $2,700.00 $3,600.00 $300.00
Closing Cost : $1,200.00 $700.00 $1,000.00
Total Closing Cost : $3,900.00 $5,600.00
Down Payment : $30,000.00
Upfront Cost : $33,900.00 $35,600.00
Amount Financed : $270,000.00 $240,000.00 $30,000.00
Monthly PI : $1,408.45 $1,166.65 $253.16
Months With PMI : 75 0 0
Monthly PMI : $112.50 $0.00 $0.00
Monthly Payment : $1,520.95 $1,419.81
Total Interest Paid : $237,041.21 $195,561.54
Total PMI : $8,437.50 $0.00 $0.00
Total Payments : $515,473.16 $465,556.26


Disclaimer: Rebuz does not prequalify borrowers. We provide tools such as this calculator that may help you understand the implications of certian decisions you may make in the mortgage process. Remember, a lender decides on your mortgage application and loan amount, and lender calculations may vary from Rebuz calculations. Our calculators are solely intended to provide ballpark estimates, not final or binding loan amounts. You should also review your personal financial situation with a qualified financial advisor before making any decision on assuming substantial liabilities. By using these calculators you agree and understand that Rebuz makes no representations or warrantees as to their use.

Shared Left Border
 
 
 
 
 
 
 
 
Apartment Research

 

 
Bottom Border

Google Web Rebuz

About Rebuz  |  Rebuz Home  |  Advertise
Apartment Research
| Mortgage Calculator Tools
real estate industry directory, property for sale, real estate jobs  
Copyright © 2006 Northeast Apartment Advisors,  Inc. Terms of use