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Compare Mortgage Calculators

Mortgage calculator comparison table of the best mortgage calculator spreadsheets that help you keep track of your mortgage payments and see an amortization table. If you are in the market to buy a new home, or buying a second home, or buying investment property and looking to take out a mortgage loan to help finance the cost of the home or investment properly, or refinancing a mortgage loan, then these simple mortgage calculator Excel templates can help you.

 

Software title Georges Excel Mortgage Calculator Pro v4 Georges Excel Mortgage Loan Calculator v3.1
Features: Mortgage calculator with PITI mortgage calculator additional principal payments
Price (user license) 12.95 9.95
Software Purpose mortgage or refinance: individuals, families, realtors, investors mortgage or refinance for individuals and families
Mortgage calculator with variable extra payments & amortization Green Check Mark Green Check Mark
Mortgage calculator with fixed extra payments & amortization Green Check Mark Green Check Mark
Mortgage calculator with no extra payments Green Check Mark Green Check Mark
Compare up to 3 mortgage loan scenarios side by side Green Check Mark Green Check Mark
Mortgage comparison includes: extra principal payments Green Check Mark Green Check Mark
Mortgage comparison includes: Principal, Interest, Taxes, and Insurance (PITI) Green Check Mark Red X Mark
Mortgage comparison includes: Debt to Income Rations (DTI ratio) Green Check Mark Red X Mark
Mortgage comparison includes: Calculate Loan to Value (LTV) Green Check Mark Red X Mark
Payoff mortgage early sceneries Green Check Mark Green Check Mark
Max mortgage loan term and amortization Green Check Mark 30 year mortgage Green Check Mark30 year mortgage
Fixed Rate Mortgage Green Check Mark Green Check Mark
Variable Rate Mortgage Red X Mark Red X Mark
PC Windows Compatible Requires Excel 2007 or higher, or Excel for Microsoft 365 Requires Excel 2007 or higher, or Excel for Microsoft 365
Mac Compatible Requires Excel 2016 for Mac, Excel 2019 for Mac, or Excel for Microsoft 365 for Mac Requires Excel 2016 for Mac, Excel 2019 for Mac, or Excel for Microsoft 365 for Mac
Single User License Green Check Mark Green Check Mark

 

If you are trying to find the best mortgage loan for your new home and want to find out what your monthly mortgage payment will be given a particular mortgage loan amount, mortgage interest rates, and length of the mortgage loan such as 15 year mortgage or 30 year mortgage, then these easy mortgage calculators and mortgage payment calculators, and mortgage amortization calculators can help you with the home buying and home borrowing process.

An Excel mortgage calculator can help with home affordability calculations and determining if the monthly mortgage payment is within your budget. You can calculate difference scenarios of how much money to put down on a home or whether to pay cash only if you don't want to pay any mortgage interest, however if you pay cash only, you will not have that cash available to you but you will also not the a mortgage loan payment and potential save on other things such as PMI (private mortgage insurance)

Part of the process of real estate, whether you are purchasing a house, buying a second home, buying land, buying investment property as a property investor is determining how much loan can you afford, how much money to put down on a home, what type of mortgage loan to get such as a fixed rate mortgage or variable rate mortgage. Having a mortgage calculator tool can help those who are looking to purchase a home and taking out a loan and borrowing money.

Things that will affect to mortgage payment include the purchase price of the home, how much you plan to borrow and how much you plan to put down on a home such as 20% down to avoid the PMI costs, and the interest rate on the loan which is affected by different things such as your income, debt and credit score and credit history which you can find on your credit report.

A good mortgage calculator can be beneficial to realtors and their clients whether they are sellers or buyers and also the bank loan officers, mortgage loan lenders, and mortgage brokers who are helping their clients with their borrowing decisions.