A mortgage calculator is one of the most useful tools prospective home buyers can use. If you are not familiar with mortgage calculators, we invite you to experiment with the loan calculator linked to our website.
A loan calculator can show you the difference a 1% change in your interest rate can make. It can show you how a larger down payment can affect your monthly payments. It can also show you how shortening your loan repayment period from 30 to 20 years can save you thousands and thousands of dollars.
With a loan calculator you can see the direct impact decisions you make today, will affect the total amount you end up spending on your home. A loan calculator can be enlightening and informative. It can also save you a considerable amount of money.
If you are interested in real estate in Santa Barbara, Montecito or other areas in the region, we invite you to contact us, Mark & Sheela Hunt. We are real estate experts in the area and we can show you how to best maximize your real estate investment.