Automatically calculates so-called “Accelerated Bi-Weekly” payments. Estimates Property Taxes and Insurance for calculation of the Government payments. What will my loan balance be at the end of 3 or 5 years?. How soon could I pay off my home if I make extra payments?. How much might my monthly payment change over time if I have a variable-rate mortgage?. Also get tax deduction from paying interest change over time?. This mortgage calculator can help you answer some of the following questions: So, if you have questions, you can hover the mouse cursor over any cell that has a little red triangle in the corner. How to use free home mortgage calculator?ĭefinitions of some of the terms are included as cell comments in the spreadsheet. It also calculates the outstanding balance at the end of a specified number of years and the tax returned if the interest paid is tax deductible. In fact, Use the spreadsheet to compare different term lengths, rates, loan amounts, and the savings from making extra payments. Moreover, You can also set up periodic extra payments, or add additional payments manually within the Payment Schedule. 
It lets you analyze a fixed or variable interest rate home mortgage. This Excel spreadsheet is an formula driven automated home mortgage calculator. Check out our other mortgage spreadsheets as well from category, and let us know if you need something that we don’t have. Also, If you want to estimate other monthly expenses for owning a house, you can try our Home Expense Calculator. It helps you estimate the loan repayment (including insurance and interest payments). Also, figure out how much you can save by making extra payments.
It lets you analyze a variable-rate mortgage or fixed-rate mortgage. It is a powerful all-in-one spreadsheet that combines many of the features from our other mortgage and Home loan calculators. Download our free Home Mortgage Calculator for Excel.
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