Comments on: How to Calculate Mortgage Payments for a Home

on 6/2/2008 I think the best site I have found so far is http://www.smartloancalculator.com - it provides the latest financial news, a awesome calculator with a full amortization schedule and tons of links to financiers

on 4/9/2008 This article doesn't deserve to be on eHow.com. Look at step #1, "A number of websites offer free mortgage calculators; simply plug in these components to get this number." Uh-hello? I came to this site to see HOW to calc a mortgage payment, why then would you refer me to other website? I want to see how the calculation is done you moron.

on 4/9/2008 This article doesn't deserve to be on eHow.com. Look at step #1, "A number of websites offer free mortgage calculators; simply plug in these components to get this number." Uh-hello? I came to this site to see HOW to calc a mortgage payment, why then would you refer me to other website? I want to see how the calculation is done you moron.

on 7/7/2006 Don't fall into the lazy trap of escrowing. Pay yourself into an interest bearing account/investment and pay the taxes when they are due. That's what the bank is doing and how they are getting richer. 2% break is half of what you can get in a decent money market account.

on 11/22/2005 Escrow your taxes into your monthly payment to the bank. Don't elect to pay them yourself. This way, you're not scrambling around at the end of the year to come up with the tax money separately...You've already paid one-twelfth of it each month in your mortgage payment. Also, by having the bank escrow the taxes monthly, and pay them for you annually, a 2% tax discount is usually available and passed on to you, the borrower.