http://www.bankratemortagage.com/mortgage-calculator/ Best Mortgage Rate Online Tue, 24 Nov 2009 22:07:38 -0700 http://wordpress.org/?v=2.8 hourly 1 http://www.bankratemortagage.com/mortgage-calculator/comment-page-1/#comment-74 Rich Dansereau Tue, 24 Nov 2009 22:07:38 +0000 http://www.bankratemortagage.com/?p=22#comment-74 Though I think that mortagage calculators are excellent tools for people to get a general idea of what they might save, users of these calculators should remember that they may not qualify for a particular loan or interest rate. The guidlines for the various types of loans (i.e. conventional, FHA, VA, USDA, etc.) can and do change which is something that a mortgage calculator cannot factor. As I said, these can be good tools for trying to get a general idea but they are no substitute for consulting a mortgage professional. Though I think that mortagage calculators are excellent tools for people to get a general idea of what they might save, users of these calculators should remember that they may not qualify for a particular loan or interest rate. The guidlines for the various types of loans (i.e. conventional, FHA, VA, USDA, etc.) can and do change which is something that a mortgage calculator cannot factor. As I said, these can be good tools for trying to get a general idea but they are no substitute for consulting a mortgage professional.

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