Short Hills, Livingston, West Orange and Millburn real estate and homes for sale in New Jersey - Joanna Parker-Lentz and Jodi B. Rubenstein, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
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Joanna Parker-Lentz and Jodi B. Rubenstein, REALTOR®, real estate agent and broker for Short Hills, Livingston, West Orange and Millburn, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm) Joanna Parker-Lentz and Jodi B. Rubenstein, REALTOR®, real estate agent and broker for Short Hills, Livingston, West Orange and Millburn, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)
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Joanna Parker-Lentz and Jodi B. Rubenstein, REALTOR®, real estate agent and broker for Short Hills, Livingston, West Orange and Millburn, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)




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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.



Real Estate Tips
Working With An Agent >Referrals

You leave the closing feeling really good about the way your agent handled the sale of your home. It was priced well, and by following your real estate agent's advice on how to show your home to its best advantage, you sold it quickly. The agent followed up with the lender and the appraiser to make sure that everything went smoothly and that small problems didn't become big ones. You had heard stories from friends about their stressful moves, and you are relieved and happy that you were spared any serious mix-ups. How do you say "Thanks for a job well done" to your agent?

Real estate agents depend on referrals for a big part of their business. An agent who has served you well will probably do a professional job for your friends or colleagues. The nicest thing you can do for a good real estate agent is to pass their name on to prospective buyers or sellers.

See All Tips In The "Working With An Agent" Category >
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Real Estate Trivia
Q 
What is the world's most capacious building?

A 
The Boeing Company's main aircraft assembly plant in Everett, Washington, has been expanded to a capacity of 13.4 million cubic meters, or 473 million cubic feet.
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Joanna Parker-Lentz and Jodi B. Rubenstein, REALTOR®, real estate agent and broker for Short Hills, Livingston, West Orange and Millburn, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Joanna Parker-Lentz and Jodi B. Rubenstein
RE/MAX Village Square

508 Millburn Avenue
Short Hills
NJ, 07078
Office: 973-467-8522
Fax: 973-467-8523
Email: JodiJoanna@NUMBER1EXPERT.com


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