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All agents are NOT alike! Find out why we are top real estate experts. Call us: 215-664-1010.

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Compare three mortgages at one time. Download TripleCalc now. It's free.

Real Estate - Homes - NUMBER1EXPERTS Sell More!
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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 Blue Bell, King of Prussia and East Norriton, Pennsylvania
"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

Pennsylvania Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Blue Bell, King of Prussia and East Norriton 



Real Estate Tips
First Time Buyers >More Down Payment Help

One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.

Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.

With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.

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

Real Estate Trivia
Q 
What might happen to the Empire State Building in extreme weather?

A 
The Empire State Building can sway several feet to either side when buffeted by a severe windstorm or rainstorm.
See More Real Estate Trivia >


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The Jeff Silva Team, REALTOR®, real estate agents and broker for Blue Bell, King of Prussia and East Norriton, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

The Jeff Silva Team
Keller Williams Real Estate

910 Harvest Dr. #100
Blue Bell, PA. 19422
Office: 215-646-2900
Direct: 215-664-1010
Fax: 215-664-1011
Email: ForSale@TheJeffSilvaTeam.com

Thank you for visiting our site. The Jeff Silva Team has been successfully helping buyers and sellers for the last 5 years and we pride ourselves on providing the highest level of professionalism and customer service possible. We are 100% committed to ensuring a smooth and enjoyable real estate experience!

Jeff Silva - PA and NJ Licensed Realtor -- PA License # RS271228; NJ License # 0570813

JoAnn Silva - PA Licensed Realtor -- License #RS280995

Michael Maerten - PA Licensed Realtor -- License #RS291382

Darcy Scollin - PA Licensed Realtor -- License #RS291005

Terence Scollin - PA Licensed Realtor -- License #RS307675

Megan Guidi Cleary - PA Licensed Realtor -- License #RS306475

Francesca Lorenz - PA Licensed Realtor --License #RS296399

Information deemed reliable but not guaranteed and is subject to errors and omissions.

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