Mortcalc:

INSTRUCTIONS:

use the tab key to change fields.

fill in all fields.

ENTER the range of your possible mortgage in the

low, high, and increment fields.

(increment would be, say, every 1000 dollars)

ENTER the range of your possible interest rate

low, high, and increment fields.

example: enter 8 1/4 percent as 8.25

ENTER the range of the possible term of your

loan in the low, high, and increment fields.

example: 25 , 30 , 5 (will calculate 25 and 30

year mortgages)

ENTER your extra cost per year for taxes,

homeowners insurance, pmi, etc. Add together any

other costs that will be included in your mortgage

payment. Try to be as accurate as possible.

A realtor in the area where you are planning to

buy should be able to give you a ballpark figure.

To print out to a printer, click Select printer, click

the printer you wish to use, and then click the

print button.