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

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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 Kansas City, Lee's Summit and Raymore, Missouri
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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Missouri Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Kansas City, Lee's Summit and Raymore 



Real Estate Tips
Buyers Remorse >What Can Go Wrong

Real estate transactions are very complex, and difficulties can arise. One common form of interference can come in the innocent guise of helpful advice from family and friends.

When you buy your first home, you want the best advice you can get. You want to show the house to friends and relatives before you commit. They will probably tell you about all of the things that went wrong during their own transactions so you can avoid the same mistakes. These people all have good intentions, but too much advice can put you into a state of high anxiety.

If you are buying your home with the help of a professional real estate agent, your agent will know how to make sure that any minor upsets do not turn into major problems. A real estate agent's expertise is based on formal training and experience in many real estate transactions. Their reputation is on the line with each sale, so they are highly motivated to make your purchase or sale go as smoothly as possible. When you are dealing with a professional real estate agent, you can worry about what might go wrong if you wish, but you don't have to!

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

Real Estate Trivia
Q 
What city boasts eight of the world's ten biggest hotels?

A 
Las Vegas has eight of the largest resort hotels; the latest and most extravagant is the $2.7 billion, 2,716-room Wynn Las Vegas.
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Roger Deines, REALTOR®, real estate agent and broker for Kansas City, Lee's Summit and Raymore, Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

Deines/Paulson Real Estate Group
Reece and Nichols

1153 N.E. Rice Road
Lee's Summit, MO 64086
Roger Deines: 816-210-6101
Scott Paulson: 816-251-1523
Lori Wold: 816-522-2068
Mike Hastings: 816-251-1433
Jonell Warren: 816-251-1453
Email Roger Deines: rogerdeines@reeceandnichols.com
Email Scott Paulson: scottp@reeceandnichols.com
Email Lori Wold: loriwold@reeceandnichols.com
Email Mike Hastings: mhastings@reeceandnichols.com
Email Jonell Warren: jwarren@reeceandnichols.com

Deines/Paulson Real Estate Group has Over 34 years experience combined in Resale, Short Sales, Foreclosures, New Construction, HUD, and REO home sales! We are with the #1 Company in the area Reece and Nichols. Specializing in but not limited to Lees Summit, Raymore, Lake Winnebago, Blue Springs, Kansas City Metro and Johnson County.

CDPE CNHS Equal Housing MLS REALTOR RELO SFR SRES







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