Disclaimer

1. General Disclaimer

The information and calculators provided on Loan Calculator US are for informational and educational purposes only. They are not intended to provide, and should not be relied upon for, financial, legal, tax, or investment advice.

We are not:

• Financial advisors or planners
• Loan officers or mortgage brokers
• Tax professionals or accountants
• Legal counsel or attorneys
• Licensed investment advisors
• Real estate professionals

Nothing on this website should be construed as professional advice. You should always consult with qualified professionals before making any financial decisions.

2. Calculator Estimates Only

What Our Calculators Do:

• Provide mathematical estimates based on inputs you provide
• Use standard loan calculation formulas
• Help you understand general loan structures and costs
• Offer educational insights into loan mechanics
• Allow comparison of different loan scenarios

What Our Calculators Do NOT Do:

• Provide actual loan offers or quotes
• Guarantee approval or eligibility for any loan
• Account for all fees, charges, and closing costs
• Consider your complete financial situation
• Reflect current market interest rates for your situation
• Include lender-specific requirements or policies
• Account for your credit score, income, or debt-to-income ratio
• Consider regional variations in lending practices

3. Actual Loan Terms Will Vary

Actual loan terms, interest rates, monthly payments, and total costs will vary significantly based on numerous factors, including but not limited to:

Personal Financial Factors:

• Credit Score: Higher scores typically qualify for lower interest rates
• Credit History: Length and quality of credit history
• Income Level: Gross and net income amounts
• Employment History: Job stability and duration
• Debt-to-Income Ratio: Your existing debt obligations relative to income
• Down Payment: Amount and percentage of down payment
• Assets and Reserves: Savings, investments, and financial reserves
• Payment History: History of on-time payments

Loan-Specific Factors:

• Loan Type: Conventional, FHA, VA, USDA, jumbo loans, etc.
• Loan Purpose: Purchase, refinance, cash-out refinance, etc.
• Property Type: Single-family, condo, multi-family, investment property
• Property Location: State, county, and local lending regulations
• Occupancy: Primary residence, second home, or investment property
• Loan Amount: Size of the loan relative to conforming loan limits
• Loan-to-Value Ratio (LTV): Loan amount compared to property value

Market and Lender Factors:

• Current Market Rates: Interest rates change daily
• Lender Policies: Each lender has different requirements and rates
• Rate Lock Period: Length of time rate is guaranteed
• Points and Fees: Origination fees, discount points, closing costs
• Private Mortgage Insurance (PMI): Required for some loans
• Property Taxes and Insurance: Local tax rates and insurance costs
• HOA Fees: Homeowners association fees if applicable

4. No Guarantee of Accuracy

While we strive to ensure our calculators function correctly and use accurate formulas, we make no guarantees or warranties regarding:

• The accuracy or completeness of calculator results
• The absence of errors or bugs in calculator functionality
• The appropriateness of results for your specific situation
• The currency or timeliness of any information provided
• The reliability or availability of the calculators at all times

You use these calculators entirely at your own risk. Always verify calculations with qualified professionals before making financial decisions.

5. Not a Loan Application or Pre-Qualification

Using our calculators does NOT:

• Constitute a loan application
• Result in pre-qualification or pre-approval for any loan
• Create any obligation on the part of any lender
• Guarantee loan approval or specific loan terms
• Establish a lending relationship
• Constitute an offer to lend

To obtain actual loan terms, you must apply directly with lenders who will evaluate your complete financial situation and creditworthiness.

6. Professional Consultation Required

7. No Liability for Financial Decisions

Loan Calculator US, its owners, operators, employees, and affiliates are not responsible or liable for:

• Any financial decisions you make based on calculator results
• Any losses, damages, or negative outcomes from using our calculators
• Errors or inaccuracies in calculator results
• Differences between calculator estimates and actual loan terms
• Actions taken by you based on information on this website
• Loan applications, approvals, or denials
• Interest rate changes or market fluctuations
• Financial consequences of any loan or financial product

By using this website, you agree to hold us harmless from any and all claims, damages, losses, or expenses arising from your use of our calculators or reliance on information provided.

8. Interest Rates and Market Changes

Interest rates change frequently—sometimes multiple times per day. The rates you enter into our calculators may not reflect:

• Current market interest rates
• Rates you qualify for based on your credit profile
• Rates offered by specific lenders
• Rate changes between calculation time and loan application
• Regional or local rate variations

Always check with lenders for current interest rates and terms applicable to your situation.

9. Fees and Additional Costs

Our calculators may not include all fees and costs associated with obtaining a loan, such as:

• Origination fees and lender charges
• Application and processing fees
• Appraisal and inspection costs
• Title insurance and title search fees
• Credit report fees
• Recording and transfer taxes
• Attorney fees
• Private Mortgage Insurance (PMI) or mortgage insurance premiums
• Homeowners insurance
• Property taxes
• HOA fees and assessments
• Prepayment penalties (if applicable)
• Closing costs and settlement charges

These additional costs can significantly impact the total cost of your loan and your monthly payments.

10. Assumption Disclosure

Our calculators make certain assumptions that may not apply to your situation:

• Fixed interest rates (unless variable rate calculator)
• Regular, on-time payments
• No prepayments or extra payments (unless specified)
• Standard amortization schedules
• No changes in loan terms during the loan period
• Simple interest calculations (compound interest for some calculators)

Actual loans may have different structures, payment schedules, and features that affect total cost and monthly payments.

11. Educational Purpose Only

The primary purpose of our calculators is educational:

• To help you understand how loans work
• To demonstrate the impact of different variables on loan costs
• To provide general estimates for budgeting purposes
• To help you ask informed questions when speaking with lenders
• To compare different loan scenarios

They are NOT intended to replace professional financial advice or actual loan quotes from lenders.

12. Third-Party Information

Any information, links, or references to third-party products, services, or websites are provided for convenience only. We do not endorse, recommend, or guarantee any third-party products, services, lenders, or information. You should independently verify all information and perform your own due diligence.

13. No Warranty

This website and all calculators are provided "AS IS" and "AS AVAILABLE" without any warranties of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, accuracy, or non-infringement.

14. Regional Variations

Lending practices, regulations, and requirements vary by state, county, and locality. Our calculators provide general estimates and may not account for:

• State-specific lending laws and regulations
• Local tax rates and assessment practices
• Regional insurance requirements and costs
• Local market conditions and practices
• Specific lender requirements in your area

15. Updates and Changes

We may update, modify, or discontinue any calculator or information on this website at any time without notice. We are not obligated to update information or calculators to reflect changes in laws, regulations, or market practices.

16. Contact Information

If you have any questions about this disclaimer or our calculators, please contact us: