Mortgage Calculator is a valuable tool for individuals in the real estate industry, including home buyers, realtors, brokers, and those seeking to refinance their current mortgage. It provides a quick and accurate way to calculate monthly payments for any fixed rate mortgage, and can also be used for other fixed rate loans such as auto loans and credit cards.
- Input additional information: This feature allows users to enter a down payment amount, annual taxes and insurance, and any monthly fees to determine their impact on monthly payments.
- Determine price per square foot: Users can enter the square footage of a home to assess its value in terms of price per square foot, aiding in decision making.
- Create a favorites list: The Favorites tab enables users to save their calculations for later reference when comparing different houses and loan options.
- See a payment table: The tool offers a convenient payment table that displays an amortized schedule of all the monthly payments, along with the amount of interest paid over the life of the loan.
- E-mail quotes: Users can easily send their calculations and payment tables to any desired email address for convenient sharing.
Overview
Mortgage Calculator from MK is a Commercial software in the category Business developed by Matthew King.
The latest version of Mortgage Calculator from MK is 12.1, released on 11/05/2023. It was initially added to our database on 11/05/2023.
Mortgage Calculator from MK runs on the following operating systems: iOS.
Users of Mortgage Calculator from MK gave it a rating of 5 out of 5 stars.
FAQ
What is the Mortgage Calculator from MK by Matthew King?
The Mortgage Calculator is a tool provided by MK by Matthew King that helps users estimate their monthly mortgage payments based on loan amount, interest rate, and term.
How does the Mortgage Calculator work?
Users input the loan amount, interest rate, and loan term into the Mortgage Calculator. The tool then calculates the estimated monthly mortgage payment based on these inputs.
Is the Mortgage Calculator from MK by Matthew King free to use?
Yes, the Mortgage Calculator provided by MK by Matthew King is completely free to use for anyone visiting the website.
Can the Mortgage Calculator factor in property taxes and insurance costs?
No, the Mortgage Calculator from MK by Matthew King only provides an estimate of the loan payment and does not incorporate property taxes or insurance costs.
Is the Mortgage Calculator accurate?
The Mortgage Calculator provides estimates based on the inputs provided by users. While it aims to be accurate, actual mortgage payments may vary based on additional fees and requirements from lenders.
Does the Mortgage Calculator support different types of mortgages?
Yes, the Mortgage Calculator can be used for various types of mortgages including fixed-rate mortgages, adjustable-rate mortgages, and FHA loans.
Can I save the results from the Mortgage Calculator?
No, the Mortgage Calculator does not have a feature to save or store the calculated results. Users can take note of the estimated monthly payment separately if needed.
Is my personal information required to use the Mortgage Calculator?
No personal information is required to use the Mortgage Calculator provided by MK by Matthew King. Users can simply input the relevant loan details to get an estimate.
Where can I find the Mortgage Calculator from MK by Matthew King?
The Mortgage Calculator is available on the official website of MK by Matthew King under the tools or resources section.
Who can benefit from using the Mortgage Calculator?
Potential homebuyers, current homeowners looking to refinance, or anyone interested in estimating their monthly mortgage payments can benefit from using the Mortgage Calculator provided by MK by Matthew King.
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