Richmond, Henrico and Glen Allen real estate and homes for sale in Virginia - Cabell Childress, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
Contact Information
Email Cabell Childress
Login
Go To Sitemap
Cabell Childress

Feature Properties
Search All Local Listings
Richmond Area 411
CO-OPS
Condo
Land & Lots

All agents are NOT alike! Find out why I am a top real estate expert. Call me: 804-399-4007.
Testimonials
Knowledgeable
I would certainly recommend Cabell Childress as a Realtor I trust and that has a proven knowledge of what it takes to successfully sell any home.
Billy Mock
Read Quote >
View All Quotes >

Real Estate - Homes - NUMBER1EXPERTS Sell More!
Cabell Childress is one of The Top Selling Real Estate Experts™
Find Out More >



Click for Richmond, Virginia Forecast

Affiliates
PODS
PODS is a smarter way to move and store in Richmond, Virginia
Find Out More >
View All Affiliates >

Mortgage Calculators
Welcome > Resources > Mortgage Calculators > 15 vs. 30 Year Mortgages ...

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... 

15 vs. 30 Yr Mortgages

Determining which mortgage term is right for you can be a challenge. With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you.

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 your mortgage. Interest rates are generally lower for shorter term mortgages.

Marginal tax rate
This is your combined state and federal tax rate. This is used to calculate your potential income tax savings by deducting your mortgage interest.

Monthly payment
Monthly principal and interest payment (PI). Both 30 year and 15 year mortgages are shown.

Total payments
Total of all monthly payments over the full term of the mortgage. Both 30 year and 15 year mortgages are shown.

Total interest
Total of all interest paid over the full term of the mortgage. Both 30 year and 15 year mortgages are shown.

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.



Print This Page Send To A Friend


Cabell Childress, REALTOR®, real estate agent and broker for Richmond, Henrico and Glen Allen, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Cabell Childress
Long and Foster

4435 Waterfront Dr.
Glen Allen, VA 23060
804-399-4007
Fax: 804-346-2239
cabellchildress@NUMBER1EXPERT.com


Long and Foster Logo

www.CabellChildress.com is brought to you by Cabell Childress
NUMBER1EXPERT™ in real estate for Richmond, Henrico and Glen Allen, Virginia

Read Cabell Childress' Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge



USA and Canada Real Estate - NUMBER1EXPERT
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.

www.CabellChildress.com is brought to you by Cabell Childress