Home / Tools & Calculators / Mortgage Comparison Calculators

Archive for the ‘Mortgage Comparison Calculators’ Category

Comparing Two Fixed-Rate Mortgages

Comparing Two Fixed-Rate Mortgages

Posted on March 2nd, 2012 with 1 Comment

This calculator compares the total cost of two fixed-rate purchase mortgages over a specified future period. It allows upfront costs to be financed, and an optional interest-only period at the beginning. This calculator is for borrowers trying to decide which of two fixed-rate mortgages they should select based on the lowest total cost over a specified future period.

Read more...
Comparing an ARM with a FRM

Comparing an ARM with a FRM

Posted on March 2nd, 2012 with 0 Comments

This calculator compares the total cost of a new adjustable rate mortgage with that of a new fixed-rate mortgage, over a specified future period. This calculator is for borrowers trying to decide whether they should select an adjustable rate mortgage (ARM) without negative amortization or a fixed rate mortgage (FRM) based on the lowest cost over a specified future period.

Read more...

Special Note

If your employer/company does not operate exclusively as a mortgage broker, you are not eligible for UMBA membership.

Apply For Membership

DIRECTORS

Jack Guttentag
Professor of Finance Emeritus at the Wharton School of the University of Pennsylvania

Jeff Jaye
Amerifirst Financial

Kevin Iverson
President, Reed Mortgage Corporation

Jared Martin
Chief Executive Officer, Keystone Funding, Inc.

Jodi York-Caraballo
Network Mortgage, LLC.

No Need to Read Between the Lines with UMBA

Headquarters

UMBA
3000 So. Jamaica Ct.
Suite 145
Aurora, CO 80014

Phone: 303.274.6863
Fax: 303.979.6094
info@upfrontmortgagebrokers.org

Find a UFMB