Zillow Mortgage Marketplace – Calculator and Rates

From the makers of iTunes’ most popular real estate app comes this elegantly designed mortgage app that provides real-time rates, easy-to-use calculators, and the ability to shop for mortgages on the spot.

Calculate how much home you can afford, what your mortgage payment will be and whether it makes sense to refinance. Plus, receive personalized loan quotes from rated and reviewed lenders and contact them when you’re ready.

MAIN FEATURES:

* Mortgage Calculators

Affordability calculator:
Determine the home price you can afford and money left over after your mortgage payment. Ideal mortgage calculator for renters or prospective homebuyers.

Payment calculator:
See your monthly mortgage payment and how it breaks down into principal, interest, taxes and insurance. Adjust sliders for different scenarios.

Refinance calculator:
Estimate how much money you save if you refinance. Includes breakeven point and savings over the life of the loan.

All mortgage calculators include: Interactive sliders, cool, data-generated charts, advanced fields, and fields pre-filled with latest rates and estimates.

* Mortgage Rate Shopping

Three steps to get competitive, low rates from trusted lenders on Zillow Mortgage Marketplace:

1) Create a custom loan request:
Enter purchase price, down payment, credit score, annual income and debts. Borrowers do this anonymously.

2) Lenders respond to request:
Lenders instantly return loan quotes with details on the monthly payment, interest rate and lender fees.

3) Borrowers decide:
Borrowers review lender ratings and reviews and compare loan quotes. Borrowers then contact a lender they like – instantly.

* Interactive Rate Graphs

Customize rate graphs by time horizon, loan program and geography.

All mortgage calculator, loan quote shopping and rate graph results can be shared via email.