No matter if you're getting ready to buy your first house, or refinancing your mortgage, you're going to want to gather as much information as you can. You need to know how much you're going to spend, what you're interest rate is going to be and how long you would like your loan to last. This way, you can calculate exactly what your payment options will be for the entirety of your loan.
Finance Buddy can give you a hand through the handy mortgage calculator. Just input your information, the amount of the loan, the length and the interest rate, and you'll see a graph displaying your current loan information and how much you'll have left over the life of the loan. It's very simple, and free, but it can help you immensely whether you're a new home buyer or a current homeowner.
If you're a first-time home buyer, the calculator can help you immensely with your financial planning. You're going to want to compare loans from several lenders, and using the mortgage calculator, you can manage your budget and figure out which loan works best for you. If you already own a home, you can use the calculator to help you figure out exactly how much you could save by going with a different lender offering a lower interest rate.
So, no matter what stage of home-ownership you find yourself, the Finance Buddy mortgage calculator can help you with your financial planning. Similarly, you can find other calculators and information for big financial steps in your life, like buying a car, investing, saving for college or retirement or even with your taxes. Let Finance Buddy be your financial guide.