Customers Speak...
"Thank you for the excellent service..."
Read Quote >

Mortgage Calculators

Welcome > Resources > Mortgage Calculators > 15 vs. 30 Year Mortgages ...

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 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...

15 vs. 30 Yr Mortgages

Determining which mortgage term is right for you can be a challenge. With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you.

This Financial Calculator requires a Browser with Java Support

Definitions

Mortgage amount: Original or expected balance for your mortgage.
Interest rate: Annual interest rate for your mortgage. Interest rates are generally lower for shorter term mortgages.
Marginal tax rate: This is your combined state and federal tax rate. This is used to calculate your potential income tax savings by deducting your mortgage interest.
Monthly payment: Monthly principal and interest payment (PI). Both 30 year and 15 year mortgages are shown.
Total payments: Total of all monthly payments over the full term of the mortgage. Both 30 year and 15 year mortgages are shown.
Total interest: Total of all interest paid over the full term of the mortgage. Both 30 year and 15 year mortgages are shown.

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 Perdido Key, Gulf Shores and Orange Beach, Alabama, Florida

"A model of how the Internet can facilitate the process of deciding where to send your children to school"
- America's Best School Profiles by
The Heritage Foundation

Florida Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.

Schools in Perdido Key, Gulf Shores and Orange Beach, Alabama

Real Estate Tips

First Time Buyers >Finding A Loan

There are two important steps preliminary to becoming a homeowner. First you must find the right home and negotiate the price and terms with the sellers. Then you come to one of the most difficult parts of the transaction--finding the perfect loan.

You should do some comparison shopping among lenders. Your real estate agent can refer you to several reputable lending institutions which should be able to complete the loan process before your proposed financial approval date. The loan officer will take your application and have you sign all the necessary papers to authorize credit and employment verifications. You and the real estate agent should get periodic progress reports to make sure that all of the details are taken care of. Such reports will help to ensure that any potential problems are discovered and addressed before they can hinder the transaction.

	See All Tips In The "First Time Buyers" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia

Q	What is the highest skyscraper hotel in the world?
A	The Grand Hyatt Shanhai in Pudong, Shanhai, China occupies the top 35 floors of the 88-story Jin Mao Tower, which at 1,378 feet is the tallest building in China and the third tallest building in the world.
See More Real Estate Trivia >

Print This Page

Send To A Friend

Kathy Justice, REALTOR®, real estate agent and broker for Perdido Key, Gulf Shores and Orange Beach, Alabama, Florida home listings, property and land for sale - NUMBER1EXPERT

Kathy Justice
ResortQuest Real Estate
14620 Perdido Key Drive
Perdido Key, FL 32507
Direct Line: 850-712-4631
Fax: 866-561-1936
kathyjustice@NUMBER1EXPERT.com
kjustice@resortquest.com
Kathy is a leading real estate expert in Perdido Key, Florida whose exceptional market knowledge and genuine care for customer service catapolted her to #1 Volume Agent in Perdido Key in 2007 & 2008. "I don't view myself as a salesperson; I'm more of a teacher. I enjoy the process of educating people and providing them with the information they need to make the best decisions for themselves and their families." Kathy is more than an accomplished Realtor, she is also a Mechanical Engineer whose name appears on an international patent, a competitive athelete, and a spiritual woman whose faith is at the center of her achievements. Top-notch customer service is at the foundation of Kathy's business and she tailors her work to each client's specific needs. "I appreciate the opportunity to serve my customers and look forward to sharing the many wonderful opportunities in Perdido Key!"

www.PerdidoKeyLiving.com is brought to you by Kathy Justice
NUMBER1EXPERT in real estate for Perdido Key, Gulf Shores and Orange Beach, Alabama, Florida

Read Kathy Justice's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge