Dollar Bank Mortgage Rates and Calculators

Dollar Bank Online Banking » Dollar Bank Mortgage Rates and Calculators
Sponsored Links

Dollar Bank mortgage calculators can help users determine how much their monthly mortgage payments will be, how much money they may be able to save by refinancing, whether they should rent or buy a home, and other common mortgage-related concerns.

Sponsored Links


Representative rates for all of the mortgages offered by Dollar Bank can be viewed on the ‘Current Mortgage Rates‘ page. Individuals interested in applying for a mortgage should contact a mortgage representative at 1-877-261-2820 for more detailed information, or use obtain a customized mortgage quote using this webpage.



How to Calculate

This calculator will determine the monthly payments on a mortgage. Enter the following inputs into the blank entry fields within the calculator:

  • Mortgage amount
  • Term length in years
  • Interest rate
  • Annual property taxes
  • Annual home insurance
  • Report amortization (annually or monthly)
  • Prepayment type
  • Amount of prepayment
  • Start with payment

Click on the ‘Calculate’ or ‘View Report’ buttons to view the results of the calculation.

Compares the associated costs of a 15 year mortgage versus a 30 year mortgage, and determines how much money a 15 year mortgage will save as well as how much

more expensive (per month) it might be. Enter the following inputs:

  • Amount of mortgage
  • Marginal tax rate
  • 15 year interest rate
  • 30 year interest rate

After the above information is entered, click on the ‘Calculate’ button to view the results.

This calculator will determine how less expensive a refinanced mortgage payment will be compared to the original payment amount. All of the following inputs should be entered for the most accurate estimate:

  • Original loan amount
  • Original appraised value
  • Original interest rate
  • Term length in years
  • Years remaining on term

  • Income tax rate
  • New mortgage balance
  • New mortgage appraised value
  • Interest rate
  • Term length in years of new mortgage
  • Loan origination rate
  • Points paid
  • Closing costs

Results should automatically generate, however users can also click the ‘View Report’ or ‘Calculate’ buttons.

Calculates how quickly you may be able to pay your mortgage off by making extra monthly payments. The following inputs are required:

  • Years left on term

  • Term length (original)
  • Mortgage amount
  • Extra monthly payment
  • Annual interest rate

The results will automatically update as the variables are entered/altered.

Determines how much money will be saved over a 10 year period by purchasing points when closing a mortgage. Enter these inputs into their appropriate entry fields:

  • Amount of mortgage
  • Term length in years
  • Discount points
  • Points rate/percentage
  • Interest rate
  • Years spent in home

Results will automatically update. Users can also click the ‘View Report’ or ‘Calculate’ buttons.

This calculator compares the costs of renting versus buying a home, and determines how long it will take for a home purchase to break even. Enter the following variables:

  • Purchase price
  • Interest rate
  • Term length in years
  • Property tax rate
  • Home insurance
  • Maintenance fees
  • Cash paid on down payment
  • Loan origination
  • Points paid
  • Closing costs

  • Monthly rent
  • Investment return (after tax)
  • Income tax rate
  • Expected inflation
  • Home appreciation rate
  • Future sales commission

The results will automatically generate as the inputs are entered/altered.

Used to determine whether using a mortgage to consolidate debt is a good choice for an individual, based on the following variables:

  • Credit card debt details
  • Installment loan debt details

  • Mortgage loan debt details
  • Home equity loan amount
  • Payment
  • Interest rate
  • Term length in years
  • Tax rate

Results will automatically update, users can also click the ‘Calculate’ or ‘View Report’ buttons as well.

Sponsored Links