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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 > What Is Your APR? ...

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... 

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 Colorado Springs, Broadmoor, Fountain and El Paso County, Colorado
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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The Heritage Foundation

Colorado Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Colorado Springs, Broadmoor, Fountain and El Paso County 



Real Estate Tips
Tax Considerations >Tax Reform

Owning a home still offers significant tax benefits. If you are renting, it may be a good time to sit down with a professional real estate agent to see how much you can save each year by owning your own home.

You save in two ways when you purchase a home. Even though most interest deductions have been phased out, home mortgage interest and state and local property taxes can be deducted. The interest on a home equity loan may also be deductible.

Your real estate agent can show you how these savings will apply in your situation. You may be pleasantly surprised when you compare the tax savings you will receive as a result of owning your home, and you will build up equity as your home appreciates in value! Also, first-time buyers will see expanded rules for Individual Retirement Accounts (IRA) and 401(k) plans, allowing penalty-free withdrawals to purchase a home in the Taxpayer Relief Act passed in August, 1997. Consult your tax advisor for your particular circumstance.

See All Tips In The "Tax Considerations" Category >
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Real Estate Trivia
Q 
What Kauai location was used to portray Never-Never Land in "Hook," the remake of Peter Pan by Steven Spielberg?

A 
Kipukai beach
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The Secundy Team, REALTORŪ, real estate agents and broker for Colorado Springs, Broadmoor, Fountain and El Paso County, Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

The Secundy Team - Brad and Amy Secundy
Remax Properties

2630 Tenderfoot Hill Street
Colorado Springs, CO. 80906
Phone: 719-339-2233
Fax: 719-576-1746
Email: AmySecundy@comcast.net

TOP 20 Top Producers at Remax Properties.Top 30 Listing Agents In Pikes Peak MLS 2005 * New Construction, Resale, Military Rebates, Custom Homes. As a Relocation Specialist and Buyers Agent , we specialize in serving Internet Savy home buyers who want to shop at their own pace using the internet. Be the first in line to see homes that match your criteria. SERVING: Ft Carson, Colorado Springs, Black Forest, Briargate, Broadmoor, Divide, El Paso county, Fountain, Widefield, Security, Monument, Woodland Park, Meridan Ranch, Woodmen Hills, Stetson Hills, The Powers area, and Woodmoor.

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