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Mortgage Calculator and Rates Access easy-to-use mortgage calculators and shop for real-time mortgage rates on the spot in this elegantly designed Zillow Mortgage Marketplace Android App, brought to you by the makers of the most popular platform of mobile real estate applications.*

Calculate how much home you can afford, what your mortgage payment will be and whether it makes sense to refinance. Plus, receive personalized loan quotes from rated and reviewed lenders. You contact them when you’re ready.

MAIN FEATURES:

Mortgage Calculators

Affordability calculator:
Calculate the home price you can afford and money left over after your home loan payment. Ideal for renters, or first time home buyers.

Payment calculator:
See your estimated monthly mortgage payment and how it breaks down into principal, interest, taxes and mortgage insurance. Re-adjust figures for different home price, down-payment and rate scenarios.

Refinance calculator:
Estimate how much money you could save if you refinance. Includes breakeven point and savings over the life of the loan.

Each home loan calculator includes: Interactive sliders and data input fields, cool, data-generated charts, simple and advanced calculator views, and fields pre-filled with latest rates and cost estimates.

Mortgage Rate Shopping

Three steps to get low purchase or refinance rates from trusted lenders on Zillow Mortgage Marketplace:

1) Create a custom loan request:
Enter details about the loan you want, your budget and estimated credit score. Do this anonymously – no need to enter personal contact info.

2) Lenders respond to request:
Lenders instantly return loan quotes with details on the monthly payment, interest rate and lender fees.

3) Borrowers decide:
Borrowers review lender ratings and reviews and compare loan quotes. Borrowers then contact a lender they like – instantly.

Zillow’s mortgage shopping experience gives borrowers choice – on average borrowers receive 18 custom quotes for a purchase or refinance mortgage loan request – and borrowers can select from a broad set of product options including an FHA loan or a VA loan.

Interactive Rate Graphs

- Customize graphs of interest rates by time span, loan program and geography
-Get a snapshot of current mortgage rates today, with interest rates updated in real time
- View intraday changes of mortgage interest rates, or graph rates by day, week, month, 3 months, 1-year, and 2-year time frames
- Choose from 30 year fixed mortgage rates, 15 year mortgage rates, and 5/1 ARM


Prepayment insight: Analysis of Option One Mortgage Corporation's hybrid adjustable rate mortgage home equity loan portfolio
Book (Banc One Capital Markets)

2

2009-08-07 08:00:46 by spponfedbs

Peter Schiff: This is just getting started. It's not just subprimes. This is a problem for the entire mortgage industry. It's not just people with bad credit that committed to mortgages they couldn't afford. It's not just people with bad credit who are going to see their home equity vanish... This is going to be an enormous credit crunch...
Neil Cavuto: You must be a laugh-riot at parties.
(LAUGHTER)
[...]
Ben Stein: ...subprime is tiny. Subprime is a tiny, tiny blip.
Peter Schiff: It's not tiny. And again, it's not just subprime

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Buying Your Dream Home? Here's How to Get a Loan  — Motley Fool
You've found the house. You think you can afford it. You just need a loan. No loan means no house, so you're understandably nervous. Don't be overcome by the fear of rejection.

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