A mortgage calculator is definitely an automated machine that can help the consumer realize all the financial changes as well as their results inside a mortgage financing system. With a bit knowledge of excel as well as the right link you can have your own personal fully customizable mortgage calculator on your own personal desktop. You can put it to use to work out your minimum monthly repayments or to see the results of paying extra into your mortgage. A good calculator can also be perfect for determining the length of time it's going to take you to settle your home loan based around the payments you're already making. With a little knowledge of excel and also the right link you'll have your own fully customizable mortgage calculator on your personal desktop.