Assured Mortgage offers you 9 mortgage calculators to help you answer important financing questions. There are a number of ways to approach an affordability analysis, and these calculators allow you to assess the effects of different variables when buying a home.

Payments

• Mortgage Payment Calculator displays your mortgage payment for the term of your loan.
• Monthly Payment Calculator allows you to explore the outcome of changes to your loan balance, mortgage term, and interest rate on your monthly P&I payments.
• Interest Only Payment Calculator Computes the monthly savings for an Interest Only payment loan
• Payment Option ARM Calculator Shows you the monthly payments for an Option ARM, also called a Negative Amortized ARM loan.

Purchase

• Rent Vs. Buy Calculator allows you to compare the costs of renting a residence and buying a home.
• Mortgage Qualification Calculator shows you how much income you need to buy a home, based on your income and other factors.

Refinance

• Mortgage Refinance Calculator will help you determine if now is the right time to refinance.
• Debt Consolidation Calculator can show you how to reduce your monthly payments and save money as well.

Other

• Credit Grade Calculator Helps you determine your credit rating.