Mortgage Term Calculator (15b)
Investing the Cash Flow Savings on a Longer Term Mortgage
Who This Calculator is For: Borrowers with sufficient income to afford the higher monthly
payment on a shorter term FRM, who want to know the rate of return they must earn on
the cash flow savings from a longer term to make the longer term pay.
What This Calculator Does: This calculator allows you to determine the rate of return
on investment of the cash flow difference between a short term and a long term mortgage
that would leave you as well off as if you took the short-term mortgage.