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Amy Owens and Kevin O'Keefe is one of The Top Selling Real Estate Experts™
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Mortgage Calculators
Welcome > Resources > Mortgage Calculators > Buying Points ...

The Best Mortgage Calculators On the Web! 

Please try our 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 Glen Ridge, Montclair and Bloomfield, New Jersey
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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New Jersey Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Glen Ridge, Montclair and Bloomfield 



Real Estate Tips
Relocation >School Districts

The quality of the school district is a most important determinant of the market value of a house. For buyers with children, the quality of the local school system may be as critical to their decision as the appeal of the house.

The desire for a quality education usually causes parents who are in the market for a home to ask questions about the local school district. What is the annual expenditure per pupil and the average class size? Are special programs available? What percentage of high school graduates go on to college? What is the physical condition of the schools and the district's record in handling school bond proposals? Parents may also want to know the school board's educational philosophy.

A professional real estate agent has the experience and knowledge to help you choose the right community for your family.

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See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
Where is the world's oldest pyramid?

A 
The oldest pyramid is the Third Pyramid of Mycerinus is at El Gizeh, Egypt; it has the largest single block weighing 320 tons.
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Amy Owens and Kevin O'Keefe, REALTOR®, real estate agent and broker for Glen Ridge, Montclair and Bloomfield, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Amy and Kevin
Rhodes, Van Note and Company

635 Valley Road
Upper Montclair, NJ 07043
201-396-2927
Fax: 973-744-7997
AmyOwens@NUMBER1EXPERT.com


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