Graphic Mortgage Calculator

April 26th, 2008 • Related • Filed Under
                                                         
For a user-friendly mortgage calculator, enter in your data below and hit calculate – a very nice graphical representation of the rest of your mortgage is provided. It’s nice to see a mortgage calculator with a little artistic flare! :) For a more in-depth explanation and for slightly more detailed reporting, you can visit the website of this calculator provider, MLCALC.com.

Popularity: 8% [?]

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There Are 5 Responses So Far. »

  1. Comment by moneygardener on 27 April 2008:

    very cool calculator, thanks!

  2. Comment by MillionDollarJourney on 27 April 2008:

    How often is the interest compounded with this calc?

  3. Comment by Preet on 27 April 2008:

    You’re welcome MG – glad to be of service. :)

    FT – I don’t know, but I sent an email to MLCALC for clarification and will let you know what they tell me.

    Preet

  4. Comment by kolcun on 28 April 2008:

    Another really nice one – http://www.jeacle.ie/mortgage/

  5. Comment by Preet on 14 June 2008:

    Hi FT – here is what MLCALC said:

    Interest is calculated monthly, using standard US formula:
    M = P * ( J / (1 – (1 + J) ^ -N))
    where
    J = I / (12 x 100)
    I = Annual interest rate
    P = Principal
    N = Number of months

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