The Mortgage Store Online (TMSO) has just released a complete set of free home mortgage loan calculators on their website. These highly accurate mortgage calculators use current and true rate information to give borrowers realistic mortgage payment calculations. Whether borrowers are buying a first home, or refinancing a current mortgage for equity take-out or debt consolidation, the calculators will show them the lowest payments they can get on their mortgage.
"Our calculators let you see payment amounts and rates for all types of mortgage loans, including home purchase loans, refinance mortgages, home equity loans, and there's even a calculator that will let you compare your monthly rent to potential mortgage payments," says Joe Janovich, veteran mortgage broker and President of The Mortgage Store Online.
The calculators use the current rates offered by TMSO, obtained through their established collection of leading home mortgage lenders. These rates include the lowest and best available for each individual borrow , and potential borrowers can immediately see the best rate that is available to them.
Some of TMSO's most popular sets of calculators are:
- Home purchase mortgage loan calculators. This calculator set includes a "payment & rate mortgage calculator" that allows home purchasers to determine what the current rates on their new mortgage could be, and the subsequent payments. Also included is a "Rent vs. Own Calculator", so first time home buyers can find out if mortgage payments could be equal or less then what they currently pay in rent.
- Home refinance mortgage loan calculators. This calculator set features a "lower payment mortgage calculator" so borrowers can investigate the possibility of making lower monthly mortgage payments than they currently are, by refinancing their home real estate.
- Home equity loan calculators. A special "debt consolidation mortgage calculator" can help borrowers determine how much money they'll save each month by consolidating their debts with a home equity loan.
Other special mortgage payment calculators on TMSO's website include an "interest-only calculator" an "adjustable rate vs. fixed rate calculator", and much more.
Visitors find that TMSO's calculators are extremely easy to use. They simply type in their desired mortgage loan amount and select the 'Calculate' button. Each calculator displays the lowest payments they can get (interest only payments), and all of their other regular mortgage payment options. Current rate information is also displayed in the results.
And when those results are displayed, visitors immediately have the option of requesting those exact payments and rates from TMSO, by filling out a very brief request form.
And the best part - all of these features are provided to visitors at no charge. "They are there for your benefit. Free and easy to use, with absolutely no obligation." says Janovich.
About The Mortgage Store Online
With headquarters in Ontario, Canada, The Mortgage Store Online provides home and commercial mortgage loans in most Canadian provinces (excluding Quebec and the Territories). Founded by veteran mortgage broker Joe Janovich, The Mortgage Store Online couples 'real world' experience, industry relationships, customer service and secure technology with the convenience of the Web.
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