Mortgage Articles Use a Mortgage Calculator When Investing Your Capital Tip! There are many advantages to finding mortgage rate options on the Internet. First, a number of people do not like talking on the phone. Online, you can get the information regarding mortgage rate options that you need and you’ll never have to dial a button or be put on hold. Because of this, finding mortgage rate options on the Internet is often faster. In fact, some search engines give you the mortgage rate averages for a variety of nation-wide lenders in one shot. Because it is a quick way to find a good mortgage rate, you can spend your time worrying about other things, like how much you need to borrow and what fees you’ll need to pay. Online, you can also find a mortgage rate at any time of day. If you work during the day, you may find the Internet much more convenient because you can go mortgage rate shopping at night or in the very early morning hours, time when a typical lender will not be in the office to answer your mortgage rate questions over the phone. Being a private mortgage lender and investing your capital in other people's mortgages can be a very satisfying as well as profitable business. However, when you start to look at a foreclosure loss type of mortgage calculator, then things are not going so well, and your investment is in jeopardy. Unless you allow the mortgage to go into too much arrears before foreclosure, you should still make a profit on it. By using a mortgage calculator that calculates many variables you can ensure that you don't lose too many months of interest and therefore accrue less profit. If your investment does pay off, however, should you continue to invest your capital or prepay your mortgage? Figuring out whether to invest or to pay down debts is tricky. A mortgage calculator can show you how much your monthly payments would change if you replaced several debts with either a home equity loan or a new mortgage. If you have a large amount of debt, then refinancing to get control of debt should probably be your first move. Whichever way you look at it, using your capital in some form of investment account or as prepayment against your mortgage, you are putting your money to work. Mortgage Secrets for Investors Mortgage Secrets for Real Estate Investors e-book. Stop getting bullied by the banks and start closing your investor loans. A mortgage calculator, specifically a prepayment versus investment calculator, will help you decide which method works most efficiently for your situation. Karen Kirby has over 25 years' experience in the computer industry, an MS in Computer Science, and a BA in Honors English. She has been helping people with Internet marketing since 1995. For more information on mortgage calculators for investment and prepayment see http://mortgagecalculator.eworldresponder.com/mortgage-calculator-decision-to-prepay-or-invest.htm -- be sure to get a free copy of the "Internet Marketer's Guide to Free Traffic" at http://www.aimbright.com/ebook/ Copyright 2006 - Karen Kirby. All Rights Reserved Worldwide.