Financial Disclaimer

Last Updated: February 22, 2026

The information, tools, calculators, articles, and all other content provided on the MortgageCalc website located at calcowa.com/mortgage-calculator (the "Site") are offered for general educational and informational purposes only. By using the Site, you acknowledge and agree to the following disclaimer in its entirety.

1. Not Financial, Legal, or Tax Advice

MortgageCalc is an independent educational resource. Nothing on this Site constitutes financial advice, investment advice, legal advice, tax advice, or any other form of professional advice. The content published on this Site, including blog posts, calculator outputs, rate data, glossary definitions, and FAQ answers, is intended solely to provide general information to help consumers better understand mortgage-related concepts.

The use of terms such as "should," "recommend," "best," or "ideal" in our content reflects general educational guidance and does not constitute a personal recommendation tailored to your specific financial situation, objectives, risk tolerance, or circumstances. Every individual's financial situation is unique, and decisions regarding mortgages, refinancing, home purchases, and other financial matters should be made only after careful consideration of your personal circumstances.

You should always consult with a licensed mortgage loan originator, certified financial planner (CFP), licensed real estate attorney, certified public accountant (CPA), or other qualified professional before making any financial decision. MortgageCalc is not a substitute for professional advice, and we strongly encourage you to seek independent counsel before acting on any information obtained from this Site.

2. Calculator Accuracy Disclaimer

The mortgage calculators and financial tools available on this Site are designed to provide general estimates based on the inputs you provide and standard financial formulas. While we employ widely accepted amortization formulas and strive for mathematical accuracy, our calculator results are approximations and should not be treated as exact figures. Specifically:

• Estimation Only: All calculator outputs — including monthly payment amounts, total interest calculations, amortization schedules, affordability estimates, refinance savings projections, and payoff timelines — are estimates. Actual loan terms, payments, and costs will be determined by your lender based on your complete financial profile and the specific loan product you select.
• Rounding Differences: Our calculators may produce results that differ slightly from lender calculations due to rounding conventions. Lenders may round to the nearest cent at different stages of the calculation, producing minor variances.
• Simplified Models: Our calculators use simplified models that may not capture all variables affecting your actual mortgage. Factors such as origination fees, discount points, mortgage insurance premiums (MIP vs. PMI), prorated interest, escrow account requirements, and state-specific regulations are not always included in basic calculations.
• ARM Calculator Limitations: Our Adjustable Rate Mortgage (ARM) calculator projects future payments based on hypothetical rate adjustment scenarios. Actual rate adjustments depend on the specific index (SOFR, Treasury, etc.), margin, rate caps, and market conditions at the time of each adjustment. Future rates cannot be predicted with certainty.
• Tax and Insurance Estimates: Where our calculators include property tax and homeowner's insurance estimates, these figures are based on national or regional averages and may differ significantly from actual amounts in your specific location. Property tax rates vary by county and municipality, and insurance premiums depend on coverage levels, property characteristics, and carrier pricing.

We recommend using our calculators as a starting point for your research, then verifying all figures with your lender or financial advisor before making any commitments.

3. No Guarantee of Rates or Terms

MortgageCalc does not originate, broker, or service any loans. We are not a lender, mortgage broker, bank, credit union, or financial institution. We do not offer or guarantee any specific interest rates, loan terms, closing costs, or lending products.

Any interest rates, annual percentage rates (APRs), or rate ranges displayed on this Site — whether as default values in our calculators, in our Current Rates section, or referenced in blog articles — are provided for illustrative and educational purposes only. These rates:

• May not reflect the rates currently available from any specific lender
• Do not represent rate quotes, rate locks, or offers to lend
• May not be available to you based on your credit score, debt-to-income ratio, loan-to-value ratio, property type, property location, or other factors
• May change at any time without notice due to market conditions, Federal Reserve policy decisions, or other economic factors
• May not include all applicable fees and costs that would affect the true APR

To obtain an accurate rate quote, you must apply directly with a licensed mortgage lender who will evaluate your complete financial profile, pull your credit report, and provide a Loan Estimate as required by the TILA-RESPA Integrated Disclosure (TRID) rules.

4. Data Source Disclaimers

Where our Site references external data, including mortgage rates, economic indicators, housing market statistics, or regulatory information, we strive to use reputable sources. Our data may be sourced from:

• Federal Reserve Economic Data (FRED): Published by the Federal Reserve Bank of St. Louis, FRED data is used for national average rates and economic indicators. This data is subject to revision and may have a reporting lag.
• Consumer Financial Protection Bureau (CFPB): Regulatory guidance and consumer protection information referenced on our Site comes from the CFPB. Regulations may change, and our summaries may not reflect the most current version of any rule or guidance.
• Freddie Mac Primary Mortgage Market Survey (PMMS): Weekly rate data may be referenced from this survey. PMMS rates represent national averages and may not reflect rates in your specific market.
• U.S. Department of Housing and Urban Development (HUD): Information about FHA loans and government housing programs may reference HUD publications. Program rules, limits, and eligibility criteria are subject to change annually.
• Department of Veterans Affairs (VA): VA loan program information is sourced from VA publications. VA loan benefits, funding fees, and eligibility requirements may change based on Congressional legislation.

We make reasonable efforts to keep data current and accurate, but we do not guarantee the timeliness, completeness, or accuracy of any third-party data displayed on the Site. Data may be delayed, revised, or discontinued by the source without our knowledge.

5. Third-Party Links and Resources

This Site may contain hyperlinks to third-party websites, resources, products, or services that are not owned, controlled, or operated by MortgageCalc. These links are provided for your convenience and reference only. The inclusion of any link does not imply endorsement, sponsorship, affiliation, or recommendation by MortgageCalc of the linked site or its content, products, or services.

We have no control over and assume no responsibility for:

• The content, accuracy, opinions, or reliability of any third-party website
• The privacy practices or security measures of any third-party website
• The products, services, or offers available on any third-party website
• Any transactions you enter into with third-party providers
• Any damages or losses arising from your use of third-party websites

When you leave the MortgageCalc website, our Privacy Policy and Terms of Service no longer apply. We encourage you to review the privacy policy and terms of service of every third-party website you visit.

6. Editorial Independence

MortgageCalc maintains editorial independence in the creation of its content. Our blog articles, calculator tools, educational guides, and all other content are produced by our editorial team based on research, analysis, and professional expertise. As of the date of this disclaimer:

• We do not accept payment from lenders, brokers, or financial institutions in exchange for favorable coverage, reviews, or calculator placement.
• We do not sell mortgage leads to lenders or third parties.
• We do not receive commissions, referral fees, or compensation from any lender based on user activity on our Site.
• Our default calculator values and assumptions are based on publicly available data and are not influenced by any commercial relationship.

If our business model changes in the future, this disclaimer will be updated accordingly, and any material relationships or compensation arrangements will be clearly disclosed.

7. Consult a Licensed Professional

Before making any mortgage, refinancing, home purchase, or other significant financial decision, we strongly recommend consulting with one or more of the following qualified professionals:

• Licensed Mortgage Loan Originator (MLO): A licensed MLO can evaluate your financial situation, explain loan options, and provide binding rate quotes and Loan Estimates. Verify licensing through the NMLS Consumer Access database.
• Certified Financial Planner (CFP): A CFP can help you evaluate how a mortgage fits into your overall financial plan, including retirement savings, emergency fund adequacy, and debt management strategies.
• Licensed Real Estate Attorney: An attorney can review purchase contracts, explain legal obligations, and protect your interests in real estate transactions. Legal requirements vary by state.
• Certified Public Accountant (CPA): A CPA can advise you on the tax implications of homeownership, mortgage interest deductions, capital gains exclusions, and other tax matters related to real estate.
• Licensed Real Estate Appraiser: An appraiser can provide an independent assessment of property value, which is critical for determining appropriate offer prices and loan-to-value ratios.
• Licensed Home Inspector: A home inspector can identify structural, mechanical, and safety issues that may affect the value and habitability of a property you are considering purchasing.

8. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, MORTGAGECALC, ITS OWNERS, OPERATORS, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AFFILIATES, AND CONTENT CONTRIBUTORS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES ARISING OUT OF OR IN CONNECTION WITH:

• Your use of or inability to use the Site, its calculators, or any content therein
• Any financial decisions, transactions, or actions taken or not taken based on information or tools provided on the Site
• Any errors, inaccuracies, omissions, or outdated information in calculator results, rate data, blog articles, or other content
• Any reliance placed on the completeness, accuracy, or reliability of any content on the Site
• Any loss of profits, revenue, savings, data, or business opportunities
• Any unauthorized access to or alteration of your transmissions or data
• Any conduct of third parties connected to or referenced by the Site

THIS LIMITATION APPLIES WHETHER THE ALLEGED LIABILITY IS BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR ANY OTHER BASIS, EVEN IF MORTGAGECALC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. YOUR SOLE REMEDY FOR DISSATISFACTION WITH THE SITE IS TO STOP USING THE SITE.

9. No Warranties

The Site and all content, tools, and services provided therein are delivered "AS IS" and "AS AVAILABLE" without any warranties of any kind, whether express, implied, or statutory. MortgageCalc specifically disclaims all implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement. We do not warrant that the Site will be available at all times, uninterrupted, secure, or free from errors, viruses, or other harmful components.

10. Geographic Limitations

The content and tools on this Site are designed primarily for users in the United States. Mortgage regulations, lending practices, tax laws, and real estate procedures vary significantly between countries and even between states within the United States. Our calculators use formulas, assumptions, and default values that are based on U.S. lending conventions and may not be applicable or accurate for mortgage products in other countries. Users outside the United States should consult local professionals and resources for mortgage guidance applicable to their jurisdiction.

11. Changes to This Disclaimer

MortgageCalc reserves the right to update, modify, or replace this disclaimer at any time without prior notice. Changes become effective immediately upon posting to the Site. The "Last Updated" date at the top of this page indicates the most recent revision. We encourage you to review this disclaimer periodically. Your continued use of the Site after changes to this disclaimer constitutes your acceptance of the revised terms.

12. Contact Us

If you have any questions about this disclaimer or need clarification on any of the information presented, please contact us:

• Email: contact@calcowa.com
• Website: calcowa.com/mortgage-calculator/contact.html

For specific financial questions, please consult a licensed professional in your area rather than relying on our general educational content.