Seriously though, Karl Jeacle's Mortgage Calculator is the best free online mortgage calculator tool that I've come across. I've been using it for some time to help me calculate refinances and extra payments to principal.You can factor in recurring monthly prepayments, one-time prepayments, or specify recurring annual prepayments. It can also factor in inflation, costs of insurance and property taxes. It will show you bottom line costs (and savings if you are using the prepayment calculations). You can put in values with text boxes or nice little sliding bars. It has several graph and table options, including detailed amortization tables.
It is a very powerful tool to see exactly what that mortgage is costing you and what you can do to bring down some of those costs. Super nift -- mad props to Karl!
Either a hip hairdo from a trendy salon in Manhattan or forgetting to use a brush in the morning...