I will build a custom mortgage calculator in Excel. This will enable you to:
- find out how your payments will change if the interest rate changes
- compare between two or more different loan alternatives
- is it worth refinancing?
- how much can you afford based on your level of income?
- how quickly will you repay the mortgage if you make $$$ of additional monthly repayments?
- assess income versus mortgage costs
- compare real estate cost versus total interest charges.
- make better mortgage and real estate purchase decisions
- make better judgements when negotiating with the bank
- compare multiple mortgage offers and choose the one that is best for you
- visualize mortgage costs and payments in a chart of graph
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