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Jody White, REALTOR®, real estate agent and broker for Westland and Livonia Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 734-421-7423.


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Mortgage Calculators: Westland and Livonia Michigan home buying, real estate listings, and homes for sale in Wayne County, MI
Welcome > Resources > Mortgage Calculators > Buying Points ...


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. Each financial calculator also includes a View Report option. The mortgage repayment schedule and other reports are fully customizable. These reports are designed for you to print out and keep... 

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.




Jody White, REALTOR®, real estate agent and broker for Westland and Livonia Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Jody White
Rice Realty

8401 Narise St., Westland, MI 48185
10667 Belleville Rd, Belleville, MI 48111
Westland Office: 734-421-7423 (RICE)
Belleville Office: 734-421-3515
Cell: 734-564-8401
Fax: 734-421-3516
Email: jody@ricerealty.com

Jody White is the owner of Rice Realty. Rice Realty is a full service residential real estate company servicing client’s real estate needs throughout Wayne and Oakland Counties. The company provides real estate services to current property owners as well as buyers who require representation, which ensures their interest is served in an appropriate manner with maximum results. Mrs. White has over 23 years of real estate experience as a consultant, investor, appraiser, landlord and broker/owner which has earned her an exceptional reputation in the industry, as evident in that over 80% of the company revenue is generated through referrals. Jody resides in Westland with her husband of over 9 years and their two children. She is active at church and her children’s school and takes great pleasure scrapbooking, weight training and having fun with friends and family. Jody White is the best choice for your next real estate purchase or sale.

CBREqual HousingGRIMLSREALTOR


Rice Realty real estate and homes for sale in Westland and Livonia Michigan

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