Mortgage Calculators

American Interbanc Mortgage offers calculators to help customers answer important financing questions. There are a number of ways to approach an affordability analysis, and these calculators allow you to assess the effects of different variables when buying a home.

Calculate your monthly payment and see how the principal is paid over time.

When buying a house and trying to understand the long-term economic impact, it’s important to fully consider all the variables that might make purchasing a home over renting a home a better decision.

The mortgage calculator to the right can help you quantify the financial benefits of owning a home by taking into account various factors such as: your current rent, your potential mortgage payment, your potential homeownership costs, your potential tax savings, etc.

When buying a house and trying to understand the long-term economic impact, it’s important to fully consider all the variables that might make purchasing a home over renting a home a better decision.

The mortgage calculator to the right can help you quantify the financial benefits of owning a home by taking into account various factors such as: your current rent, your potential mortgage payment, your potential homeownership costs, your potential tax savings, etc.

Doing this could help extend out the life of the high interest rate debt and lower the interest rate on that debt, thus lowering the overall cost of servicing that debt.

Additionally, a prepayment could be considered as paying off your entire mortgage early.

Are you looking to pay off your mortgage earlier by increasing your monthly payment? By using our early mortgage payoff calculator you can enter your original loan amount, original interest rate, original loan term, months you have already paid, and the new period in which you would like to pay off your mortgage (for example, put 20 years if you want to pay off your current mortgage in 20 years instead of the current period remaining).

Find out how long it will take to “break-even” on a refinanced loan.

Determine the estimated tax savings with a new loan.

The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.

Talk to a Loan Specialist Today

We want you to feel confident about purchasing or refinancing your home. Our experienced loan specialists are here to answer any questions or to address any concerns you may have. Get in touch today to lock in your custom rate or to begin the application process.