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Mortgage Calculators
Welcome > Resources > Mortgage Calculators > Buying Points ...

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... 

Will Buying Points Save You Money?

Should you buy points? Buying points when you close your mortgage can reduce its interest rate, which in turn reduces your monthly payment. But each "point" will cost you 1% of your mortgage balance. This calculator helps you determine if you should pay for points, or use the money to increase your down payment. Click on the "View Report" button to review your information.

This Financial Calculator requires a Browser with Java Support



Definitions

Term
Number of years for this mortgage. Most common terms are 15 years and 30 years.

Mortgage amount
Total balance for your mortgage.

Interest rate
Annual interest rate for this mortgage without purchasing any discount points.

Years in home
The number of years you expect to live in this home or the number of years before you refinance your mortgage.

Principal and interest
Monthly principal and interest (PI) for this mortgage.

Points rate
Annual interest rate for this mortgage with discount points.

Points
The number of discount points you need to receive the lower rate. Each point costs 1% of your mortgage amount.

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.



School Reports in Portland, Beaverton and Lake Oswego, Oregon
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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Oregon Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Portland, Beaverton and Lake Oswego 



Real Estate Tips
Animal House >Buying Bug Free

If your house is a typical one, there is probably some kind of small, leggy creature that makes its home with you. Whether they are termites, fleas, roaches, ants, or spiders, it is a good idea to serve them with an eviction notice before you put your home on the market. If home remedies like ionized boric acid don't work, paying a professional exterminator will be money well spent.

Most standard sales agreements require that a property be inspected before the closing and treated for termite infestation, if necessary. It is a good idea to check for insect problems as soon as you sign a listing agreement, so that they don't become an issue of contention in the sale. Some insects may not physically damage the house, but may reduce its chances of selling for top dollar. Constantly having to push back spider webs while touring the house could seriously undermine a prospective buyer's ability to fully appreciate your home.

See All Tips In The "Animal House" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
Which metropolitan area in America currently offers the most affordable market in which to buy new homes?

A 
The housing market in Youngstown, Warren and Boardman, Ohio is currently the most affordable metro area in the U.S.
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Drew Coleman, REALTOR®, real estate agent and broker for Portland, Beaverton and Lake Oswego, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Drew Coleman
The Hasson Company Realtors

15400 SW Boones Ferry Road
Lake Oswego, OR 97035
Cell: 503-534-1550
Fax: 503-212-5150
Office: 503-635-9801
DrewColeman@NUMBER1EXPERT.com

Top-producing full time real estate professional since 2001. Headquartered in Lake Oswego, Oregon at America's top-producing real estate company on a per-agent basis, The Hasson Company Realtors. Recognized as one of Portland's top agents based on standing in highest classification of the Metropolitan area's "Million Dollar Club" as well as holding the ABR, GRI, E-Pro, CRS, CNHS, & RCC designations. Areas of expertise include Urban and Suburban Portland, Oregon, including Portland, Lake Oswego, Beaverton, Tigard, Tualatin, West Linn, Clackamas, Milwaukie, Wilsonville, Aloha, Hillsboro, Newberg and Sherwood. Seeks to streamline and modernize the real estate process through the use of innovative techniques, technologies, and marketing strategies. New construction, luxury real estate, one-level homes, first-time home purchases, property marketing, relocation, estate sales, investment real estate, condominiums, move-up transactions, move-down transactions, rehabbing, land, development, senior real estate.

ABRCRSeProGRIREALTORRELO



Drew Coleman Broker

Hasson Company Realtors - The Sign of Experience

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