Important Disclaimer

Not Financial or Legal Advice

Calculate.cam provides computational tools and educational content related to mortgage and financial calculations. Our services are not intended to provide, and should not be construed as:

• Financial advice or investment recommendations
• Legal advice or legal opinions
• Tax advice or tax planning guidance
• Real estate advice or property valuations
• Insurance advice or coverage recommendations
• Loan commitments or pre-approval guarantees
• Professional consultation in any regulated field

You should always consult with qualified professionals including financial advisors, mortgage brokers, real estate agents, attorneys, tax professionals, and insurance agents before making financial decisions.

Calculation Accuracy and Limitations

Estimates Only

All calculations provided by our tools are estimates based on the information you input. Actual results may vary significantly due to numerous factors including:

• Lender-specific requirements and policies
• Current market conditions and interest rate fluctuations
• Individual creditworthiness and financial profile
• Property-specific factors and location
• Loan program requirements and restrictions
• Government regulations and policy changes
• Economic conditions and market volatility

Input Data Dependency

The accuracy of our calculations depends entirely on the accuracy and completeness of the information you provide. We cannot verify the accuracy of your input data, and incorrect inputs will produce incorrect results.

No Guarantee of Accuracy

While we strive to maintain accurate calculation formulas and up-to-date information, we make no warranties or guarantees regarding the accuracy, completeness, or reliability of our calculations or results.

Market Conditions and Rate Changes

• Interest rates fluctuate daily based on market conditions
• Individual rates depend on credit score, down payment, and other factors
• Promotional rates may have specific terms and conditions
• Rate locks and timing can affect actual loan terms
• Different loan programs have different rate structures

Lender-Specific Variations

Different lenders have varying requirements, fees, and calculation methods that can significantly impact your actual loan terms:

• Underwriting Standards: Each lender has unique qualification criteria
• Fee Structures: Origination fees, processing fees, and other costs vary
• PMI Requirements: Mortgage insurance rates and requirements differ
• Escrow Policies: Property tax and insurance escrow requirements vary
• Loan Programs: Available programs and terms differ between lenders
• Approval Processes: Timeline and documentation requirements vary

Property and Location Considerations

Our calculators use general assumptions that may not apply to your specific property or location:

• Property Taxes: Rates vary significantly by location and property type
• Insurance Costs: Homeowners insurance varies by location, property, and coverage
• HOA Fees: Homeowners association fees are property-specific
• Utilities: Utility costs vary by location, property size, and efficiency
• Maintenance Costs: Property maintenance varies by age, type, and condition
• Local Regulations: Building codes and requirements vary by jurisdiction

Tax Implications Disclaimer

• Tax deductibility rules change and vary by individual circumstances
• State and local tax implications vary significantly
• Alternative Minimum Tax (AMT) may affect deductions
• Tax law changes can impact homeownership benefits
• Consult a qualified tax professional for tax-related decisions

Investment and Risk Considerations

Real estate and mortgage decisions involve significant financial risks:

• Market Risk: Property values can decrease as well as increase
• Interest Rate Risk: Rising rates can affect refinancing and equity
• Liquidity Risk: Real estate is not easily converted to cash
• Economic Risk: Economic downturns can affect employment and property values
• Maintenance Risk: Unexpected repairs and maintenance costs
• Regulatory Risk: Changes in laws and regulations can affect costs

Technology and Service Limitations

Our online calculators have inherent limitations:

• Browser Compatibility: Results may vary across different browsers
• Calculation Precision: Rounding and precision limitations in digital calculations
• Data Storage: Calculations are not permanently stored on our servers
• Service Availability: Calculators may be unavailable during maintenance
• Updates: Formulas and assumptions may be updated without notice

Recommended Professional Consultation

Before making any financial decisions based on our calculations, we strongly recommend consulting with:

Limitation of Liability

Updates and Changes

This disclaimer may be updated periodically to reflect changes in our services, legal requirements, or industry standards. We will post the updated disclaimer on our website with a new "Last updated" date.

Calculation formulas, assumptions, and methodologies may also be updated without prior notice to maintain accuracy and reflect current industry practices.

Questions About This Disclaimer

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