This excel-based tool will allow you to do the following:
1. Get an estimate of your “PITI” Payment (Principal Interest Taxes and Insurance).
2. Analyze the positive impact of extra mortgage payments.
3. Identify your outstanding loan balance at a specified year.
4. Choose between a Fixed Rate or an Adjustable Rate Mortgage.
5. Analyze the impact of appreciation on the sale price of your home.
6. Conduct a simple profitability analysis at the time of sale.
* The Calculator downloads as an Excel document.
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