Bank of America Mortgage Calculator

Bank of America Mortgage Calculator is one of the most effective tools provided by the bank to help the borrowers while finding the best loan options. A large number of home buyers go for home mortgage loans to buy a home and many of them often get caught with the wrong loan program. Finding a mortgage program that completely suits your budget and your needs is not that easy and you are required to make some research in order to find the best loan term. Bofa mortgage calculator is an advance tool that can help you get comprehensive details on several features of various loan programs thereby enabling you to make the right choice.

Bank of America Mortgage Rate Calculator

Bank of America offers a variety of mortgage calculators and one among the most effective calculators is the mortgage rate calculator. If you are looking to avail a loan program and if you are not sure about the prevailing rate conditions then use this rate calculator to find it. All you have to do is just visit the calculator and tools website of the bank and provide some inputs such as the loan amount, your credit score and the particular loan term. You can also use this calculator to know the current interest rates on a number of mortgage programs offered by the bank.

Bank of America Refinance Calculator

In case if you are looking to refinance your existing mortgage then it is advisable for you to use the BOA mortgage refinance calculator to find a suitable refinance program. With the help of this calculator, you will be able to find whether refinancing your current mortgage will be a better option of not. Moreover, you can calculate the benefits that you can get with a refinance loan by making some inputs such as the current loan amount, interest rates and repayment period. On the other hand there are several other calculators that you can use to make an estimate of your down payment, monthly payments, closing costs and several other features of many mortgage programs.

Bank of America mortgage payment calculator is another tool that can be used to make an estimate of the monthly payment amount that you will have to make on a mortgage program. The calculation of the monthly payment will be based on the details of the amount of loan, rate of interest and loan term that you provide. Moreover, a borrower can also use a down payment calculator to find different scenarios to check how your down payment will make a difference on your monthly mortgage payment. For personalized payment information, borrowers can also call at 1.800.782.9022 to talk to the customer service representative of the bank.

Bank of America not only offers a number of loan programs but they also provide calculators and tools to find suitable loan options. Check the official website of the bank to find these tools.

Website: https://www9.bankofamerica.com/home-loans/tools/calculators.go