Charter One Mortgage Rates and Calculators


Charter One Online Banking » Charter One Mortgage Rates and Calculators

Charter One Bank mortgage calculators help those seeking to buy a home establish what financing option works best for them. For a detailed overview of the loans offered by Charter One Bank, click here.   Get in touch with customer service at 1-888-514-2300 for more details.

Sponsored Links

Rates

Charter One bank interest rates vary based on several factors. These include your credit history, ability to repay, loan amount and collateral value. To get an estimate of what interest rate your mortgage might attract, follow this link.  You can call 1-800-234-6002 from MON-THURS (8 AM – 8 PM), Fri (8 AM – 6 PM) and SAT (9 AM – 3 PM).  You can also visit a branch location near you. You can also apply to get a custom quote here.

charter one bank mortgage rates form

Calculators

 

How to Calculate

This calculator helps users determine how much home they can afford based on their monthly debt repayments and their income. The following entries are required:

  • Monthly income
  • Monthly liabilities
  • Monthly Housing expenses

Click “Calculate” to compute.

 

The monthly payment calculator is used to generate an amortization schedule of your mortgage. You will see a detailed breakdown of your monthly interest and principal repayments. The following entries are required:

  • Mortgage amount
  • Term
  • Interest rate
  • Prepayments

Click “Calculate” to compute.

This calculator helps mortgage applicants to determine whether it would make more financial sense to rent other than buy a home. The following entries are needed:

 

Click “Calculate” to compute.

 

 

This calculator helps determine what mortgage term works best for you between the 15 year and 30 year mortgages. The following entries are required:

  • Mortgage amount
  • Marginal tax rate
  • 15 Year loan Rate
  • 30 Year loan rate

Click “Calculate” to compute.

This calculator helps users to compare an interest only mortgage to a fixed rate mortgage. The following variables are required for computation:

  • Mortgage Amount
  • Term
  • Fixed Mortgage Interest Rate
  • Interest Only Mortgage Interest Rate
  • Interest Only Mortgage Prepayment

Click “Calculate” to compute.

This calculator helps compare a fixed rate mortgage to LIBOR adjustable rate mortgage. LIBOR stand for London InterBank Offered Rate. The following variables must be entered:

  • Mortgage Amount
  • Term
  • Expected exchange Rate
  • Fixed Rate Interest Rate
  • ARM
    • Interest rate
    • Months rate Fixed
    • Interest rate cap
    • Prepayment

Click “Calculate” to compute.

 

 

Sponsored Links