The following calculators have been collected by your Incline Village Lender. These mortgage planning tools can help you with the current rates, projected payments, the effects of extra payments, payoff schedules and how much you can afford to borrow. If you have any questions, please give us a call at 1-877-LakeLoan.

Payment Calculator – Figure out what your monthly payment will be along with how much interest you’ll wind up paying during the lifetime of your loan. Run what if scenarios on the effects of a one-time, annual or monthly extra payment makes on the amount of interest and what your new payoff date would be. This includes an amortization schedule.

Amount to Borrow Calculator – Figure out how much you can afford to pay for your new house. This uses your various sources of income, expenses, down payment and new home information to give you a good idea of what works with your budget.

Rent Vs Own Calculator – Plug in all of your rental costs and estimate your home ownership numbers to see how your situation would look in a few years. See how your equity builds over time.