Mortgage Calculator
To our valued customers:
The following mortgage calculator link will help you to better able to
plan your financial situation and let you see if you can fit a
particular payment plan within your budget.
Use this tool to help you decide if your current mortgage is the
right product for you.
Take a look at current rates, plug in
an estimated current rate, along with your current loan balance, and you
might find it wise to consider refinancing! Sometimes, refinancing makes
sense. You can pull money out for a down payment on your new house while
keeping your monthly payment the same.
We can connect you with Lenders For Life Home Mortgage. They are the
experts who can advise you on what loan product makes the most sense for
your situation! There is no obligation on your part. It’s really a win-win scenario! Lenders For Life may tell you your current loan is the
best option for you right now (you win) or they may suggest another loan
product to better suit your needs and improve your financial situation
(you win again)! You won’t be disappointed with the service you receive.
That is our promise to you at Lyons Marketing Group.
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Mortgage Calculator Using
Either
the Canadian or U.S. Formula
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This calculator computes U.S.
and Canadian monthly mortgage payments based on principal, interest and term. U.S.
mortgages are compounded monthly while Canadian mortgages are compounded semi-annually.
Simply enter all the numbers above the Calculate Buttons, then choose either the Canadian
or American Calculation and push the appropriate button.
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