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why I am a top real estate expert. Call me:
805-390-7917.
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Marketing.
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sure you know EXACTLY how your home will be marketed.
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Courteous And
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Everyone in your office is courteous, friendly and
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Ron & Jan Brunson of Thousand
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 Compare three mortgages at one
time. Download TripleCalc now. It's free. |
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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. Each financial calculator also
includes a View Report option. The mortgage repayment schedule and
other reports are fully customizable. These reports are designed for
you to print out and keep...
What Is Your APR?
Use this calculator to determine the
Annual Percentage Rate (APR) for your mortgage. Press the report
button for a full amortization schedule, either by year or by
month.
Definitions
- Annual Percentage Rate (APR)
- A standard calculation used by lenders. It is designed to help
borrowers compare different loan options. For example, a loan with
a lower stated interest rate may be a bad value if its fees are
too high. Likewise, a loan with a higher stated rate with very low
fees could be an exceptional value. APR calculations incorporate
these fees into a single rate. You can then compare loans with
different fees, rates or different terms.
- Mortgage amount
- Original or expected balance for your mortgage.
- Interest rate
- Annual interest rate for this mortgage.
- Term in years
- The number of years over which you will repay this loan. The
most common mortgage terms are 15 years and 30 years.
- Monthly payment
- Monthly principal and interest payment (PI).
- Total payments
- Total of all monthly payments over the full term of the
mortgage. This total payment amount assumes that there are no
prepayments of principal.
- Total interest
- Total of all interest paid over the full term of the mortgage.
This total interest amount assumes that there are no prepayments
of principal.
- Loan origination percent
- The percent of your loan charged as a loan origination fee.
For example, a 1% fee on a $120,000 loan would cost $1,200.
- Discount points
- Total number of "points" purchased to reduce your mortgage's
interest rate. Each "point" costs 1% of your loan amount.
- Other fees
- Any other fees that should be included in the APR calculation.
These fees can vary by lender, but at a minimum usually includes
prepaid interest.
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. | |
- NUMBER1EXPERT™ 
