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... Monthly Payments & Schedule
Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay and your principal balances. You can even determine the impact of any principal prepayments! Press the "View Report" button for a full yearly or monthly amortization schedule.
Definitions
- 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.
- Prepayment type
- The frequency of prepayment. The options are: none, monthly, yearly, and one-time payment.
- Prepayment amount
- Amount that will be prepaid on your mortgage. This amount will be applied to the mortgage principal balance, based on the prepayment type.
- Start with payment
- This is the payment number that you prepayments will begin with. For a one time payment, this is the payment number that the single prepayment will be included in. All prepayments of principal are assumed to be received by your lender in time to be included in the following month's interest calculation. If you choose to prepay with a one-time payment for payment number ZERO, the prepayment is assume to happen before the first payment of the loan.
- Savings
- Total amount of interest you will save by prepaying your mortgage.
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.
Selling Your Home >Storage Priorities
No matter how much storage space a home provides, most people feel that it's never enough. Buyers typically place storage space high on their list of priorities for a new home. Sellers must often face the minor indignity of having prospective buyers open all of their closets to determine the size and capacity of each one.
Even an enormous closet looks small if it is cluttered. Your closets should be as organized as possible while your property is on the market. If you have excess belongings stuffed in your closets, hold a yard sale, rent a storage unit temporarily, or make a tax deductible donation to a local charity. When you finish cleaning and organizing all of your closets, move on to the other storage areas. Your home's storage spaces will look more impressive if they are neat and well-organized.
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| Q |
What real estate board game became the best-selling game in America just one year after it was created?
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| A |
Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies. |
See More Real Estate Trivia > |
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Connie Erickson Door County Realty, Inc. 4027 Main Street PO Box 340 Fish Creek, WI 54212 920-868-2075 888-678-3949 Fax: 920-868-2425 Leads@ConnieErickson.com
Connie Erickson has won just about every real estate award imaginable and has earned both the GRI (Graduate of REALTORS Institute) and the CRS (Certified Residential Specialist) credentials. Connie is a Member of the Door County Board of REALTORS, Instructor of the Graduate REALTOR Institute and a Howard Brinton Star Power Star. 
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