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"Thank You for doing what others couldn't..."
"Jason was able to sell my home in this challenging market for more money than I ever dreamed that I could get..."
"Bill Brotherton"
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TripleCalc
Compare three mortgages at one time. Download TripleCalc now. It's free.

Real Estate - Homes - NUMBER1EXPERTS Sell More!
The Jason Matt Team is one of The Top Selling Real Estate Experts™
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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 Canton, Plymouth and Northville, Michigan
"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

Michigan Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  All Local School Districts 



Real Estate Tips
Pricing >The Listing Agent

Only approximately 2% of all listings nationwide are sold by the listing agent. When you list your house with me, I will try my best to sell it myself, but more importantly, I will simply get it sold.

Colleagues in my firm or real estate agents who are affiliated with a cooperating broker may sell my listings. This is why I work hard to maintain a reputation for being very professional and easy to work with. I make the homes I list as easy as possible for other real estate agents to preview or show to buyers.

When you select a real estate agent to market your property, you are hiring them not only for their list of prospective buyers, but for their ability to tap the lists of other people in the business. I constantly lobby among my competition, asking if they have seen my listings, getting feedback and urging them to add my listings to the short lists that they show when they have a prospective buyer.

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

Real Estate Trivia
Q 
Over what famous building is aircraft forbidden to fly at any time?

A 
No aircraft is permitted to fly over the Taj Mahal in India.
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The Jason Matt Team, REALTOR®, real estate agent and broker for Canton, Plymouth and Northville, Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

The Jason Matt Team
Coldwell Banker Weir Manuel

177 N. Main
Plymouth, MI 48170
Jason's Direct: 248-756-0009
Fax: 800-679-1933
Jason's Email: sold@jasonmatt.com

Jason is a licensed Realtor who has over ten years experience in the area of client relations. Currently a Realtor with Coldwell Banker, Jason’s primary area of expertise is working with sellers and buyers along with their families to meet and exceed their various real estate needs. He is familiar with the Southeastern Michigan counties of Wayne, Oakland, and Macomb. In addition to his real estate license, Jason has two years of study in finance with the University of Michigan and holds a Bachelor’s Degree from the University of Phoenix in Business. Prior to entering the real estate industry Jason worked as a Project Manager within the automotive and telecommunications industries. Jason and his wife, Jaime, reside in the city of Canton with their 2 sons, Landen & Beckham.

ABR REALTOR


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