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Mortgage Calculator Shows True Colors

By
Real Estate Broker/Owner with Harriman Real Estate, LLC (203) 672-4499 REB 0788845

Mortgage Calculator Shows True Colors

Today, like every Monday, I got my newsletter from Mr. Internet (aka Michael Russer) and glanced over the contents to see what interesting tidbits it might hold. The first entry had "elegance" and "mortgage calculator" in close proximity to each other, something you don't see every day. Mr. Internet usually doesn't write about things unless he's at least somewhat impressed by them, so I figured I had nothing to lose by checking out the widget he was touting. Intrigued, I clicked through to the web site to read the post, and I'm glad I did.

The post described a rather mundane looking mortgage calculator widget (see screen shot below). Now, most mortgage calculators have mundane as a middle name, so I wasn't surprised that this one did, too. I noticed that it not only had a tab for mortgages, but one for other loans as well, which I thought was a nice touch. Mr. Internet said he had scoured the Internet looking for a calculator that would complement your web site instead of look all frumpy and...well, mundane. This one, he said, is the one. So, in his words, a demo is worth a thousand words, so go ahead, go to the mortgage calculator web site, enter some numbers in the preview calculator and press "Calculate". We'll wait...

 

Mortgage Calculator


Here's what you saw (or something similar):

 

Mortgage Graph

 

Pretty cool, huh? Not only does the pop-up color graph look nice, you can mouse over it to get specific info about the loan at various spots in its time line. It'll give you how much principal you have left, as well as interest, taxes insurance and PMI. And the running balance of your balance owed is pretty nice, too.

All in all, it's a step above the other calculators I've seen and would be a nice addition to a real estate blog or web site. You can get the code for it here, and it comes in two sizes, 150 pixels or 300 pixels wide, depending on your sidebar width. There's also a mortgage rate widget there which does tricks similar to the calculator, so you can avail yourself of that if you desire, as well, although Mr. Internet says to ignore it.

Anyway, much obliged to Mr. Internet for pointing this snazzy little calculator out, and we hope you enjoy it - even though it is a rather unexciting subject!

 

 

Christa LaFarlette (la-far-let)
Your Choice Real Estate - Orange Park, FL

Nice!  I like it:)

Mar 15, 2010 03:09 PM
Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro

Pat & Wayne,  I checked it out and I'm considering using it on my website.  I don't understand the graph though.  Is that something you pay for?

Mar 15, 2010 03:13 PM
Pat & Wayne Harriman
Harriman Real Estate, LLC (203) 672-4499 - Wallingford, CT
Broker/Owners, Wallingford CT Real Estate

Christa: Glad you liked it!

Marchel: Nope, it just pops up when you click "Calculate", and all that beautiful graphiness is yours free of charge! There is a widget there that costs $49.95, but DON'T click that, you don't need it! This widget I posted about is FREE.

Mar 15, 2010 03:19 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Pat and Wayne, looks like an interesting widget, I will have to check it out a little later, thanks for the link.  One thing that caught my eye on the example was $3,000 in taxes on a $300,000 house.  Now that would be nice :)

Mar 16, 2010 01:22 AM
Pat & Wayne Harriman
Harriman Real Estate, LLC (203) 672-4499 - Wallingford, CT
Broker/Owners, Wallingford CT Real Estate

George: Ain't that the truth! I'll take that over what we pay now, for sure!

Mar 16, 2010 03:03 AM
Ruth Vogt
Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate. - Colorado Springs, CO
719-592-0855 www.ReverseLoansInColorado.com

Got an idea for a widget for rent vs own?

Sep 01, 2010 04:24 AM
Pat & Wayne Harriman
Harriman Real Estate, LLC (203) 672-4499 - Wallingford, CT
Broker/Owners, Wallingford CT Real Estate

Try this one, Ruth:

Rent vs. Own Calculator

Sep 01, 2010 05:09 AM
Ruth Vogt
Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate. - Colorado Springs, CO
719-592-0855 www.ReverseLoansInColorado.com

Thanks so much! I had found one but this one is much beter - not as complicated!!

Sep 02, 2010 04:59 PM
Pat & Wayne Harriman
Harriman Real Estate, LLC (203) 672-4499 - Wallingford, CT
Broker/Owners, Wallingford CT Real Estate

You're welcome Ruth!

Sep 03, 2010 05:35 AM