You can assess which of two mortgage loans may be better suited for you — for either fixed-rate or adjustable-rate (ARMs).
Calculate your monthly mortgage payment for a given purchase price, down payment, interest rate, and loan term.
Estimate how much adjustable rate payments would be over time to help decide if this loan is right for you
Calculate the mortgage settlement charges (or closing costs) for a given set of loan terms, including an amount for private mortgage insurance (PMI) if required.
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