Mortgage Calculator Excel
How do you use a Mortgage calculator? When looking for a Mortgage calculator excel file you can always download and use this one.
Review Rating Score
.xlsx (0.72 MB)
A mortgage is a loan used to buy a home or to refinance a home loan. You make regular payments on a mortgage until it’s paid off after a set number of years. It's the legal document that permits your lender to take your home if you don't repay the loan as agreed.
Why use a mortgage calculator?
A mortgage calculator helps you plan things like:
- How long you will live in your house?
- The expected length of investment greatly impacts your decision on whether to choose a 15 year or 30-year fixed-rate loan or a shorter term. The longer term will provide a more affordable monthly payment, but you’ll pay a lot more interest over the long term.
- Whether an adjustable-rate mortgage might be better for you.
- Size of the house. Lenders may be more than happy to put your name on a big loan, but how do you feel about it?
- Impact your monthly budget, or are you feeling a bit stretched
- How much your downpayment will be.
After downloading this sample calculator and filling in the blanks, you can easily calculate how much your home mortgage will be and how long it will take until you're done. If this isn't the right letter that you are looking for, then certainly take a look at the other letters that Bizzlibrary.com has to offer. We have many letters ranging from cover letters to business letters and thank you notes.
Is the content above helpfull?
Thanks for letting us know!
Tonita Mack(6/16/2021) - AUS
Kary Hutchinson(6/16/2021) - DEU
Thank you for the document, it will help me get everything I need
Our Latest Blog
- The Power of Document Templates: Enhancing Efficiency and Streamlining Workflows
- Writing a Great Resume: Tips from a Professional Resume Writer
- How to build accurate and compliant documents faster
- How to Create Halloween Party Invitations? 2023
We are standing by to assist you. Please keep in mind we are not licensed attorneys and cannot address any legal related questions.
Send a message
You May Also Like
Meal Plan Template
School Family Vacation Example
Vaccination Schedule Example
Day Planner Checklist Template
Timesheet Log Template
Event Planning Sheet Template
Editable Wedding Schedule Template
Event Planning Milestones
Planner Template for Events
Event Planning Tips
RACI Matrix Excel Template
Crypto Profit Planning
PEST analysis template
Brown Paper Planning
Gantt Chart Excel Week