JOHN W. BROWN
MORTGAGE INFORMATION CALCULATORS
[What Will My Payment Be?]
It is
important to find the right home and
loan to match your budget. Use our
calculator to figure out your
estimated monthly payment in advance
by estimating your loan amount,
interest rate, and length of
mortgage. This calculator helps you
identify how much you are able to
afford when you are searching for a
home.
Note: Select appropriate box
to estimate taxes, insurance, and
maintenance; not all calculated
values are displayed.
[Loan Amortization]
Calculate your
mortgage payment amortization.
These calculations are only estimates
and can only be used to evaluate the
possible results of consolidating
certain debts into an equity loan.
Refinancing or taking out a home
equity loan or line of credit may
increase the total number of monthly
payments and the total amount paid
when comparing to your current
situation. Please consult your tax
advisor for information on the
deductibility if interest for tax
purposes.
[Tax Benefits of Buying A Home]
This
calculator estimates the tax benefit
of buying a home. Input your loan
parameters and the month you
purchased the home. Since home
interest and points are captured in
itemized deductions, please estimate
your Schedule A itemized deductions.
Your itemized deductions including
your mortgage deductions will be
compared to your standard deduction
to calculate the tax benefit of
purchasing your home.
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