Even during a tough economic spell, mortgage rates continue to test new record lows. The search for a home mortgage rate to fit your budget however, can still prove challenging.
Several websites offer calculators with a variety of features designed to assist prospective homebuyers gauge mortgage payments:
Bankrate.com: Offers calculators to gauge mortgage payment amounts and how much you can afford. www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx
HGTV FrontDoor: Supplies calculator that also considers property taxes, hazard insurance and mortgage insurance. www.frontdoor.com/Tools/Calculators/Mortgage-Calculator.aspx
Homefair.com: Establish the loan amount you can qualify for by income, savings and debt payments. www.homefair.com/tools/mortgage-affordability-calculator/index.asp
Mortgage calculator: Straightforward calculator for determining a mortgage repayment. www.mortgagecalculator.org/
More mortgage calculators: Features mortgage calculators that based on payment, term, affordability and refinancing and saving. www.financialcalculator.org/mortgages/
McClatchy-Tribune News Service
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