Home Buyer's Amortization Calculator
an educational real estate resource
Welcome to Mark's Real Estate Simple Amortization Calculator designed for relocating home buyers. Part of our local Real Estate guides to The Colony TX, Frisco TX, McKinney TX, Little Elm TX and surrounding communities.
This GMAC real estate "Simple Amortization" calculator allows you to
calculate a fixed-rate loan amortization schedule. This (somewhat depressing) real estate calculator
shows how much you pay towards loan interest (tax deduction) and loan principle (amount you still owe)
on your home loan for various months and years.
A very informative tool when choosing the length of your home loan.
10 years = 120 months, 15 years = 180 months, 30 years = 360 months.
You Have Questions We Have Answers
Chances are, you have some personal financial real estate questions that you would like to ask of a knowledgeable resource in a "privacy respected environment". I'm a GMAC Realtor, not a loan expert but I know some good ones that I've come to trust. I have arrangements with local area GMAC Mortgage Loan Officers to field my clients questions where you can call and simply ask them any home loan or credit score questions you have without any concern about being pressured. Call me, Mark Hitz, Realtor, at 214-514-1800 and I will provide you with a local GMAC Mortgage Loan Officer's name and phone number so you can get the answers you need to make the best decisions.
Bottom Line Advice: These GMAC real estate calculators are helpful tools but with the ever changing Home Loan / Home Mortgage Market, it's always a good idea to ask a GMAC Mortgage Loan Officer any specific questions you have.