Sundance Mortgage Company

Calculator Descriptions

*** Calculate My Payment (Simple Loan): Calculate a monthly payment, total amount of interest paid, the total amount paid and cost of points for a fixed rate mortgage (FRM) loan.

Annual Percentage Rate (APR): Discover what your mortgage loan is really costing you!

Biweekly Payments: See how to save money on your mortgage loan by making biweekly loan payments, which allow you to accelerate how quickly the principal is paid down. (Biweekly payments are made every 2 weeks or 26 times each year. It's much like making one extra mortgage payment each year.)

Buyer's Cash Requirements: Determine your cash requirements for a loan given purchase price, loan term, down payment, closing costs, and other costs.

Discounted Cash Flow: Determine the present value of an investment property's cash flows and sale proceeds for periods of up to 20 years.

Down Payment Savings: Calculate how much you can save for a down payment. You can modify the beginning balance, monthly savings amount, savings interest rate, and the amount of time you will be saving the down payment.

Future Value Spread: Calculate the future value of your savings using different savings rates.

Home Seller's Proceeds: Calculate your net gain on a sale after repaying your mortgage(s) and accounting for sales commissions and other closing costs.

Loan Comparison: Compare four loans quickly, including the impact of interest rates and points on your monthly payments and total paid.

Loan Spread: A "big picture" payment table calculator.

Pay Down Debt or Invest?: Decide whether it's better to pay off your debt or to invest.

Refinancing: Decide whether now is a good time to refinance.

Rent or Buy: Decide whether to rent or buy a home.

Very Simple Loan: Calculate the monthly payment, total amount of interest paid, and total amount paid for a fixed rate mortgage (FRM) loan.