Calculators
 

Southbridge Savings Bank offers the following tools to assist in your lending needs.

For mortgage calculation assistance, visit our Mortgage Center.

Auto Loan Calculator

Can you afford a new set of wheels? This helpful calculator uses your expected loan amount, interest rate, and loan term to help you decide.

Monthly Payment Calculator

Estimate monthly mortgage payments for any size loan. Change interest rates, length of loan, even add prepayments. This calculator also allows you to view or print an amortization schedule of the results.

Biweekly Payment Calculator

Estimate bi-weekly mortgage payments for any size loan. Change interest rates, length of loan, even add prepayments. This calculator also allows you to view or print an amortization schedule of the results.

Affordability Calculator

How much house can you afford? Find out quickly by running this calculator, which determines the maximum loan you can expect to qualify for, based upon your income and expenses.

Minimum Income Calculator

Calculate the lowest level of income needed to secure a particular home loan. This calculator takes into account a number of options, so you can compare the effects of different loan types on an average mortgage.

Prepayment Calculator

Many mortgages allow you to prepay your principal. Run your numbers through this calculator to find out how quickly prepayments can reduce your principal. A few extra dollars a month can substantially reduce the total length of your mortgage term.

Refinance Calculator

Use this calculator to decide whether or not it is a good time to refinance your loan.

Home Equity Worksheet

Looking to make home improvements, pay for college tuition or consolidate debt? This calculator allows you to find out how much equity you can access in your home.

Improve or Move Calculator

Use this calculator to compare the cost of improving your existing home with the cost of buying a new home.

Rent vs Buy Calculator

If you are currently renting, use this calculator as a tool to see if now is a good time to purchase a home.