The most up-to-date, easy-use reference for finding the best home loan for you
This comprehensive loan navigation guide helps you structure a home loan that will best fit your budget, tax bracket, and current cash flow while maximizing your equity growth. Featuring amortization tables for loans up to $900,000, at interest rates from 3 to 18 percent, this invaluable resource includes tables and examples that detail: Exact principal and interest payments for standard loans and Adjustable Rate Mortgages (ARMs) Advantages and disadvantages of biweekly payment loans and baloon loans Remaining loan balance, with principal and interest paid, at various stages Total dollars saved and years trimmed by making regular additional payments
Jack C. Estes was the author of Real Estate License Preparation Course for the Uniform Examinations. Dennis R. Kelley was the author of The McGraw-Hill Handbook of Financial Tables for Real Estate. Charles Freedenberg programs financial applications and has 39 specialized mortgage calculators on his website, www.compareloans.com.