Old National Bank Mortgage Rate Calculators


Old National Bank Online Banking » Old National Bank Mortgage Rate Calculators
Sponsored Links

Old National Bank mortgage calculators can enable users to quickly and accurately determine the various options available to them in regards to home financing, and specifically mortgage loans offered by Old National. For more information regarding Old National’s various mortgage and home financing offers/policies, please click here. Answers to common mortgage and home financing questions can be viewed on the mortgage FAQ webpage.

Sponsored Links

Rates

For detailed rate information, interested individuals should apply for a mortgage online, contact a customer service representative over the phone (1-800-731-2265), or visit a branch location

Calculators

How to Calculate

This calculator determines whether it is a sound financial decision to refinance a mortgage, based on the following inputs:

  • Amount of original loan
  • Term length of original loan (months or years)
  • Date of original loan
  • Interest rate (current)
  • Amount to cash out (on refinance)
  • New interest rate
  • Points
  • Closing costs or fees
  • Term length of new loan (months or years)
  • Income tax rate
  • Savings rate
  • Estimated length of stay at property (months or years)
  • Check for (graph, current payment schedule, refinance schedule)

Enter the above variables, and click the ‘Compute’ button to generate the results.

Computes the amount paid (in interest and principal) for a fixed-rate mortgage. The following inputs are required:

  • Price of home
  • Down payment (dollar amount or percentage)
  • Term length (months or years)
  • Interest rate
  • Check for payment schedule

Once the above fields have been filled out, click the ‘Compute’ button to view the results.

Determines an estimation of payments and amount paid in interest for an adjustable-rate mortgage. Enter the following:

  • Price of home

  • Down payment amount
  • Term length (months or years)
  • Interest rate (beginning)
  • Life rate cap
  • Maximum rate of increase (first interval)
  • Maximum rate of increase for subsequent intervals
  • Months before first rate increase
  • Month between subsequent increases in rate

Click the ‘Compute’ button to generate the results.

This calculator provides the user with a quick overview of whether renting or buying a home is the better option, based on the following variables:

  • Monthly rent amount

  • Renter’s insurance (monthly)
  • Rent increase per year (if applicable)
  • Price of home
  • Down payment amount
  • Interest rate
  • Term length (months or years)
  • Points
  • Closing costs
  • Property taxes (annual)
  • Monthly maintenance fees
  • Homeowner’s insurance costs (monthly)
  • Home appreciation per year (if applicable)
  • Extra costs (association fees)
  • Federal and state tax rate
  • Bank account savings rate
  • Estimated length of stay at property
  • Agent commission (if applicable)
  • Closing costs (selling)

Once the above fields have been entered, click on the ‘Compute button to view the results.

Compares up to three loans, by using the following inputs:

  • Loan name
  • Down payment amount
  • Term length (years)
  • Interest rate
  • Points
  • Other costs or fees
  • Type of loan
  • Adjustable type
  • Initial rate adjustment (maximum)
  • Subsequent rate adjustment (maximum)
  • Rate cap (estimated/anticipated)
  • Price of home
  • Income tax rate
  • Post tax savings rate
  • Estimated length of stay at property

Click the ‘Compute’ button to view the results.

Determines how much an individual might save from increasing their monthly mortgage payments. Enter the following:

  • Loan amount (original)
  • Original term length (months or years)
  • Date of loan
  • Interest rate
  • Date of initial extra payment
  • Amount of extra payment (monthly, annually, one time)

Press the ‘Compute button at the bottom of the calculator to display the results.

Computes an estimation of how large a mortgage that an individual may be able to qualify for, based on the following inputs:

  • Gross income (combined if applicable)
  • Monthly credit card payments
  • Monthly auto payments
  • Other (fixed) monthly payments

  • Down payment amount
  • Interest rate
  • Term length (months or years)
  • Monthly insurance costs
  • Other monthly fees (association dues)
  • Yearly property tax

Click on the ‘Compute’ button to view the results.

Sponsored Links