Eleven Eleven Media

New Mortgage Calculator Saves American's Thousands As Interest Rates Hit Record Lows


Birmingham, AL -- (SBWIRE) -- 05/14/2012 -- The state of the economy is on everyone’s lips. Whether its unemployment, the stock market or rising household debt, it seems like the major topics of conversation these days always revolve around a rather bleak picture of the economy.

However, there’s one group that may have a great opportunity to benefit from the state of America’s markets right now – and many of them don’t even know it.

With interest rates at record lows, mortgage holders have already experienced some relief from their regular payments. What many might not realize, however, is that a combination of these low rates and the fact that the banks are competing more fiercely than ever before to attract borrowers have created somewhat of a perfect storm for those who wish to refinance their mortgage.

iCalcit.com is ensuring American’s stand up and take note. By refinancing competitively, American’s have the ability to save tens of thousands of dollars over the life of a mortgage. To assist, iCalcit has created one of the most fully featured and impressive mortgage calculators around, along will a set of free mortgage widgets. By simply supplying a few key details, the benefits of a small improvement in interest rates soon become painfully clear. For those who’ve considered refinancing and then decided against it, a quick visit to iCalcit.com might be all it takes to change their mind.

Of course, it’s not just those with a current mortgage who can benefit. Families looking to own their own home are also in a great position, with low interest rates guaranteeing a great start to any new mortgage. While differences in rates between lenders may at first seem small, by inputting various offers for finance into iCalcit, the stark truth is soon revealed. What seems a minor difference in rates can soon add up, not just to thousands of dollars, but tens of thousands. In an economy in flux, it’s vital that mortgage holders everywhere have access to the best deal, wether it’s a new debt or the refinancing of an existing mortgage. iCalcit, therefore, is an essential tool by which American’s everywhere can get accurate, transparent information on a current or prospective debt.

So from those with a current mortgage keen to get a better deal to those considering the purchase of a new home, the best deal is only a quick visit to the iCalcit.com away. Making sense of the complicated world of home loans is difficult at the best of times, but borrowers now have a new best friend; the dedicated team at iCalcit.com.

About iCalcit
iCalcit.com is a brand new site aimed at assisting American’s in receiving the best deal possible when financing or refinancing a home. Visitors can quickly and easily use the iCalcit mortgage calculator to view the true costs of a mortgage, with details including ongoing payments and complete cost breakdowns possible at the touch of a button. With interest rates at record lows, it’s easy to see how the information available at iCalcit.com could save American’s from all corners of the nation tens of thousands of dollars. For more information, visit http://www.icalcit.com