A new feature is rolling out to Google Search that puts a smart mortgage calculator right at the top of results for certain search terms (via Search Engine Land). Specifically, the above interactive quick answer will show up for search terms such as mortgage calculator, loan interest calculator, interest calculator, and many others. Personally, we couldn’t get it to show up yet.
After you fill in the mortgage amount, interest rate, and mortgage period, the little widget will spit out the total cost of the mortgage as well as what the monthly payment would be. The feature was first being tested a couple of months ago, but it appears that many Google users across the net are now seeing it live.