My parents are considering refinancing to a fixed rate mortgate. I need software that can take in the following info: quoted rate, initial fees including mortgate points, loan amount, loan period, tax deductions on mortgate interest. The software needs to output the following. Total payments minus tax break plotted against time. If there is no [...]

My parents are considering refinancing to a fixed rate mortgate. I need software that can take in the following info: quoted rate, initial fees including mortgate points, loan amount, loan period, tax deductions on mortgate interest. The software needs to output the following. Total payments minus tax break plotted against time. If there is no [...]

Is there a calculator for this on the net? It is only better to pay it off, if all your non-deductable debts are paid off first. addthis_url = ‘http%3A%2F%2Fwww.selviceevler.com%2Fmortgage-calculator%2Fhow-would-i-determine-if-it-is-better-to-pay-off-my-mortgage-or-keep-it-and-claim-the-deduction-calculator’; addthis_title = ‘How+would+I+determine+if+it+is+better+to+pay+off+my+mortgage%2C+or+keep+it+and+claim+the+deduction%3F+Calculator%3F’; addthis_pub = ”;

I am near the latter part of my mortgage……I want to increase the payments from the minimum of 980 to 1300 per month..How soon will it be paid off. There is a balance remaining of 25,000 and the interest rate is 7.5% I know there are tables to express your exact amounts and time frame [...]