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Catherine Favara, REALTOR®, real estate agent and broker for Brooklyn New York 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: 718-646-3600.


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Mortgage Calculators: Brooklyn New York home buying, real estate listings, and homes for sale in Kings County, NY
Welcome > Resources > Mortgage Calculators > Monthly Payments & Schedule ...

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... 

Monthly Payments & Schedule

Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay and your principal balances. You can even determine the impact of any principal prepayments! Press the "View Report" button for a full yearly or monthly amortization schedule.

This Financial Calculator requires a Browser with Java Support


Definitions

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.

Prepayment type
The frequency of prepayment. The options are: none, monthly, yearly, and one-time payment.

Prepayment amount
Amount that will be prepaid on your mortgage. This amount will be applied to the mortgage principal balance, based on the prepayment type.

Start with payment
This is the payment number that you prepayments will begin with. For a one time payment, this is the payment number that the single prepayment will be included in. All prepayments of principal are assumed to be received by your lender in time to be included in the following month's interest calculation. If you choose to prepay with a one-time payment for payment number ZERO, the prepayment is assume to happen before the first payment of the loan.

Savings
Total amount of interest you will save by prepaying your mortgage.

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.



Catherine Favara, REALTOR®, real estate agent and broker for Brooklyn New York home listings, property and land for sale - NUMBER1EXPERT(tm)

Catherine Favara
Coldwell Banker- Mid Plaza
3041 Ave U.
Brooklyn, NY. 11229
718-646-3600
Fax: 718-743-2700
Email: msbrooklynre@NUMBER1EXPERT.com
Email: midplaza@aol.com

Catherine Favara is one of the Top Agents in the Borough of Brooklyn. She has over 24 years proven track record! Experienced assistants work exclusively for Cathy to provide SUPERIOR SERVICE! State of the art computer technology allows Cathy to provide fast efficient service to her clients. SPECIALIZING IN: Marketing of Residential Properties, Relocation Director, Conservator & Executor of Estates, Foreclosure & Short Sales, Overseer of all Real Estate Transactions. TITLES AND CERTIFICATIONS: 2007 President of Women’s Council of Realtors, Brooklyn Chapter 2009 President Elect for Women’s Council of Realtors, New York State 2004 Realtor Associate of the Year 2009 Vice President of Brooklyn Board of Realtors GRI & CRS Designations **President’s Elite** 1996-2007 Certified Relocation Director Mike Ferry Superstar Program

wcr MLS REALTOR Equal Housing CRS GRI


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