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Why do mortgage calculators vary so much?

Delinquent

Well-known member
I have tried various calculators and never get an answer that isn't even close. I'm talking a variation of 40K-50K.
 
Delinquent said:
I have tried various calculators and never get an answer that isn't even close. I'm talking a variation of 40K-50K.
Mostly like the percentage rate was different.
 
jestros said:
Mostly like the percentage rate was different.


No I would use the same percent for every one. I tried 6, 6.5, 7, & 8 for each site and they all gave different totals for each percent :worried:
 
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