Important Definitions to Know When Using a Mortgage Calculator

So that you can get the accurate information you need and make the most of the Mortgage Calculator at American Capital Corporation you need some base knowledge. A tech acronym GIGO means Garbage In Garbage Out, and it illustrates putting bad (inaccurate) data into a program will always cause it to give you bad information and results. GIGO applies in the world of Mortgage Calculators as well. Here are some key Mortgage Calculator definitions for you.

Source: Mortgages