This plugin hasn’t been tested with the latest 3 major releases of WordPress. It may no longer be maintained or supported and may have compatibility issues when used with more recent versions of WordPress.

AI Mortgage Calculator

Description

The extra payment refinance calculator allows you to calculate the benefits of refinancing a current mortgage by comparing the current rate and loan term with the new rate and loan term.

We also provide the estimated new payment, lifetime interest savings, and monthly savings. In addition, we calculate the difference between the payoff period from the current mortgage to the new mortgage.

The extra monthly payment shows you how to beat the bank. That is by making an additional small principal payment each month.

For example, if you started with a $300,000 mortgage at 4.5% on a 30-year term in August of 2020 and did a cash-out refinance for an additional $50,000 and increased the loan amount to $350,000 at 4.5% over 30 years in May of 2022 and made an additional $300 monthly payment you would have a lifetime savings of $18,617 of interest even though you took a larger loan amount.

New features will be added soon including a home purchase calculator and reverse mortgage calculator https://aimortgagecalculator.com

Screenshots

  • Designed to blend right in with your posts or page content
  • Settings options that allows you to configure the plugin
  • Elegantly display the results as the user types

Installation

Install this plugin just like any other plugin.

  1. Upload the plugin folder aimortgagecalculator to the /wp-content/plugins/ directory
  2. Activate the plugin through the ‘Plugins’ menu in WordPress
  3. Insert the mortgage calculator into a page or post using the shortcode [aimc calculator=”refinance”].

Reviews

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Contributors & Developers

“AI Mortgage Calculator” is open source software. The following people have contributed to this plugin.

Contributors

Changelog

1.0.0

  • Initial Release

1.0.1

  • Tested for WordPress 6.0
  • Minor improvements