Mortgage Calculators
 

These mortgage calculators are provided to assist you in the pursuit and purchase of a home. We have made every attempt to provide accurate, practical information that will help you simplify the important decisions you will be making regarding the purchase of your home. This information is to be considered as generalized estimates only and is not to be considered as part of a loan application, a pre-approval, or a commitment to lend.

For a complete, no cost mortgage loan pre-qualification analysis with a full review of your individual financial situation in order to carefully and completely assess your needs and financial goals, contact our Mortgage Loan Specialists or call us toll free at 1-800-DKLENDS.

      Use this calculator to estimate monthly principal and interest payment and generate a monthly or annual amortization schedule.

      Estimate how much you can afford - this calculator takes you through some basic steps to help estimate your potential monthly borrowing power.

      Calculate important variables, such as your monthly debt payments and interest rate, to estimate the required income needed to qualify for your desired mortgage amount.

      Should you rent or should you buy your home?  This calculator helps you make an estimated financial decision. Be sure to click the "View Report" for a detailed look at the results keeping in mind that various intangible factors cannot be analyzed, such as lifestyle improvements, pride of ownership, and possible relocation benefits.

      This mortgage calculator will help you estimate compare a fixed rate loan (terms do not change the entire term of the loan) against two types of adjustable rate loans: a fully-amortizing ARMS and an Interest-Only ARM which only requires monthly interest payments.


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CALL 1-800-DKLENDS OR SEND US AN EMAIL
FOR A BRANCH LOCATION NEAR YOU.

CORPORATE OFFICE:

DRAPER AND KRAMER MORTGAGE CORP. • 33 W. MONROE STREET• SUITE 1900 • CHICAGO, IL 60603
1-800-DKLENDS • FAX (630) 620-1503

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Draper and Kramer Mortgage Corp. is an Illinois, Florida, Wisconsin, and Indiana Residential Mortgage Licensee and Equal Housing Lender.