REAL ESTATE
NORTH CAROLINA STYLE
^
MORTGAGE CALCULATOR
To determine your monthly principal and interest payment amount for a given mortgage loan, divide the amount of your loan by $1000 and multiply the result by the payment factor (see table below) for your selected loan term (either 15 or 30 years fixed) and the current interest rate.

EXAMPLE: Lets say you want to take out a 30 year fixed loan for $125,000 at an interest rate of 9.50%.

       Payment factor for 30 year at 9.5%  = 8.41
                         $125,000 by 1000  = $125
---------------------------------------------------------------------------
                               125 X 8.41  = $1,051.25
-
PAYMENT FACTOR PER $1000 OF LOAN
Interest     15 Year    30 Year
Rate         Fixed      Fixed
3.000%       6.90582    4.21604
3.125%       6.96609    4.28375
3.250%       7.02669    4.35206
3.375%       7.08760    4.42096
3.500%       7.14883    4.49045
3.625%       7.21037    4.56051
3.750%       7.27222    4.63116
3.875%       7.33440    4.70237

Interest     15 Year    30 Year
Rate         Fixed      Fixed
4.000%       7.39688    4.77414
4.125%       7.45968    4.84650
4.250%       7.52278    4.91940
4.375%       7.58620    4.99285
4.500%       7.64993    5.06685
4.625%       7.71397    5.14140
4.750%       7.77832    5.21647
4.875%       7.84297    5.29208

Interest     15 Year    30 Year
Rate         Fixed      Fixed
5.000%       7.90794    5.36822
5.125%       7.97320    5.44487
5.250%       8.03878    5.52204
5.375%       8.10465    5.59971
5.500%       8.17083    5.67789
5.625%       8.23732    5.75656
5.750%       8.30410    5.83573
5.875%       8.37118    5.91538

Interest     15 Year    30 Year
Rate        Fixed      Fixed
6.000%       8.43857    5.99551
6.125%       8.50625    6.07611
6.250%       8.57423    6.15717
6.375%       8.64250    6.23870
6.500%       8.71107    6.32068
6.625%       8.77994    6.40311
6.750%       8.84909    6.48598
6.875%       8.91854    6.56929

Interest     15 Year    30 Year
Rate         Fixed      Fixed
7.000%       8.98828    6.65302
7.125%       9.05831    6.73719
7.250%       9.12863    6.82176
7.375%       9.19923    6.90675
7.500%       9.27012    6.99215
7.625%       9.34130    7.07794
7.750%       9.41276    7.16412
7.875%       9.48450    7.25069

Interest     15 Year    30 Year
Rate         Fixed      Fixed
8.000%       9.55652    7.33765
8.125%       9.62882    7.42497
8.250%       9.70140    7.51267
8.375%       9.77426    7.60072
8.500%       9.84780    7.68913
8.625%       9.92080    7.77790
8.750%       9.99449    7.86700
8.875%      10.06844    7.95645

Interest    15 Year     30 Year
Rate        Fixed       Fixed
9.000%      10.14267    8.04623
9.125%      10.21716    8.13633
9.250%      10.29192    8.22675
9.375%      10.36695    8.31749
9.500%      10.44225    8.40854
9.625%      10.51781    8.49989
9.750%      10.59363    8.59154
9.875%      10.66971    8.68349

Interest     15 Year    30 Year
Rate        Fixed      Fixed
10.000%      10.74605    8.77572
10.125%      10.82265    8.86823
10.250%      10.89951    8.96101
10.375%      10.97662    9.05407
10.500%      11.05399    9.14739
10.625%      11.13161    9.24098
10.750%      11.20948    9.33481
10.875%      11.28760    9.42890

-
Home Finder Service
`
Back To Home Page

Email Bill
j


RE/MAX Highlander Realty
Copyright © 1998 - 2008. RealEstateNCStyle.com. All Rights Reserved.
The information contained herein is furnished by the owner to the best of their knowledge, but is subject to verification by the purchaser, and agent assume no responsibility for correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, or national origin. Listing broker is representing the seller in the sale of properties herein by an exclusive right to sale agency agreement. The materials contained within this page may not be reproduced without the express written consent of RealEstateNCStyle.com. The information contained herein is believed to be accurate and timely, but no warranty as such is expressed or implied.