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Mortgage Calculators
Welcome > Resources > Mortgage Calculators > What Is Your APR? ...

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. 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... 

What Is Your APR?

Use this calculator to determine the Annual Percentage Rate (APR) for your mortgage. Press the report button for a full amortization schedule, either by year or by month.

This Financial Calculator requires a Browser with Java Support



Definitions

Annual Percentage Rate (APR)
A standard calculation used by lenders. It is designed to help borrowers compare different loan options. For example, a loan with a lower stated interest rate may be a bad value if its fees are too high. Likewise, a loan with a higher stated rate with very low fees could be an exceptional value. APR calculations incorporate these fees into a single rate. You can then compare loans with different fees, rates or different terms.

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.

Loan origination percent
The percent of your loan charged as a loan origination fee. For example, a 1% fee on a $120,000 loan would cost $1,200.

Discount points
Total number of "points" purchased to reduce your mortgage's interest rate. Each "point" costs 1% of your loan amount.

Other fees
Any other fees that should be included in the APR calculation. These fees can vary by lender, but at a minimum usually includes prepaid interest.

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 Macomb County, Sterling Heights and Macomb/Shelby Township, Michigan
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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Michigan Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Macomb County, Sterling Heights and Macomb/Shelby Township 



Real Estate Tips
Relocation >Relocation Services

The services of a good real estate agent are especially important when you are moving to a new city. You may know very little about the different neighborhoods or the local market conditions in the new area. An experienced agent can help you explore the possibilities in order to find a great house in your price range.

Give us a call if you are planning a move to a new city. As part of a nationwide relocation network, we can put you in touch with a superb real estate agent who can make house hunting a breeze. They will contact you before you arrive to discuss your housing needs, where you will be working, and what features in a new house and neighborhood meet your criteria. They can send you information about transportation, shopping, and community services that are important to you. When you arrive for your first house hunting trip, the agent will be prepared to show you the best homes for sale in your price range that fit your needs.
     

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Real Estate Trivia
Q 
What characteristics must a home have to be considered a prestigious property?

A 
Unique architectural design; Highly desirable location; celebrity status--owned by a well-known person.
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Team DeYonker, REALTOR®, real estate agent and broker for Macomb County, Sterling Heights and Macomb/Shelby Township, Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Team DeYonker
RE/MAX First

15095 22Mile Rd
Shelby Township, MI 48315
1-877-557-1234
Fax: 586-799-8100
Danny@mirealsource.com

Hi, my name is Dan DeYonker with RE/MAX First. Welcome to Macomb Wayne and Oakland counites in the beautiful state of Michigan. I am a full time realtor and an industry leader in South Eastern Michigan! I specialize in new construction and existing home sales, vacant land and commercial properties. I have been a full time professional since 1995. I am proud to rank among the top 1% of all realtors nationwide. My philosophy is to treat all of my clients how I would want to be treated. I want to share with you my expert knowledge and experience. Please use my site to provide yourself with up to date information about Macomb, Oakland, Wayne and St. Clair counties in SE Michigan, and Metro-Detroit. If your looking to buy or sell a home in these areas or you are relocating across town, in or out of the state, the U.S., or the world you can call Dan "Your Real Estate Man" Toll free at 1-877-557-1234.


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