The Best Mortgage Calculators On the Web! Please try my Java loan and mortgage calculators. They take a minute to load, but they are worth it! Each calculator has dynamic graphs and charts that change - right before your eyes - as you enter different information. Try each calculator with different interest rates, loan amounts, and payment schedules. The mortgage repayment schedule and other reports are fully customizable - just for your home, your interest rate, your loan amount, your taxes, and more. Would you like a print out, for your records and future reference? Each calculator includes a View Report button. Click it, hit print, and you have a report, customized just for you... 15 vs. 30 Yr Mortgages
Determining which mortgage term is right for you can be a challenge. With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you.
Definitions
- Mortgage amount
- Original or expected balance for your mortgage.
- Interest rate
- Annual interest rate for your mortgage. Interest rates are generally lower for shorter term mortgages.
- Marginal tax rate
- This is your combined state and federal tax rate. This is used to calculate your potential income tax savings by deducting your mortgage interest.
- Monthly payment
- Monthly principal and interest payment (PI). Both 30 year and 15 year mortgages are shown.
- Total payments
- Total of all monthly payments over the full term of the mortgage. Both 30 year and 15 year mortgages are shown.
- Total interest
- Total of all interest paid over the full term of the mortgage. Both 30 year and 15 year mortgages are shown.
The mortgage calculators are provided by KJE Computer Solutions, LLC and made available to NUMBER1EXPERT as self-help tools for your independent use and are not intended to provide investment advice. We can't guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
First Time Buyers >The Buyer Interview
The first step toward matching you with the perfect home usually involves an in-depth interview with the real estate agent who will help you establish a price range and determine the features that you need in a home.
The agent will ask a lot of questions, and many of them will seem very personal. What is your income and debt situation? Where do you work? Are schools an important factor? Do you have children or pets? Do you have hobbies that will create special needs?
The more information your real estate agent has, the easier it will be to eliminate the homes that will not work for you and show you the ones in your price range that should fit your needs. A good agent can be a tremendous resource in this process, providing you with information about the homes that are available, shopping facilities, community services, and public transportation. The best real estate agents are excellent listeners and counselors.
|
 |
| Q |
What famous writer's home is Rowan Oak?
|
| A |
Rowan Oak in Oxford, Mississippi, was the home of William Faulkner from 1930 until his death in 1962.
|
 See More Real Estate Trivia > |
|
|
Johna Walker
Walker Real Estate Team
854 Missouri Ave
St. Robert, MO 65584
573-433-1091
Fax: 866-634-9994
office: 573-336-4100
JohnaWalker@NUMBER1EXPERT.com
teamwalker@thearmywives.com
An active duty military spouse with over twenty years of relocation experience to assist families relocating to the Ft. Leonard Wood area. Always training and always educating to stay at the top of the real estate industry to provide her clients with state of the art service to buy and sell their homes. Whether you're moving from Alaska, South Korea, or Kansas, she has truly "Walked in your shoes"    
www.WalkerRealestateTeam.com is brought to you by
Walker Real Estate Team
NUMBER1EXPERT™ in real estate for
Fort Leonard Wood, St. Robert and Waynesville, Missouri Read Walker Real Estate Team's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT™
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed. |
- NUMBER1EXPERT™ 
