Beautiful BC Homes Real Estate Sales / Rentals : Mortgage Calculator II

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Mortgage Parameters
Loan amount:	$
Interest rate:	%
Loan term:	years
Property tax:	%
PMI:	%

Mortgage Summary
Amount:	$100,000.00	Payment:	$777.90
Term:	30 years	Periods:	360
Total Interest:	$127,544.49	Interest rate:	6.50%
Property Tax:	1.25%	Total tax:	$37,500.00
PMI rate:	0.50%	Total PMI:	$15,000.00

Monthly Versus Bi-Weekly Payments
Monthly:	$777.90	Bi-Weekly:	$383.34
Total Interest:	$127,544.49	Total Interest:	$97,967.92
Total Interest Savings: $29,576.57
72 months shorter loan

Year	Interest	Principal	Balance
1	6,467.09	1,117.73	98,882.27
2	6,392.23	1,192.58	97,689.69
3	6,312.37	1,272.45	96,417.24
4	6,227.15	1,357.67	95,059.57
5	6,136.22	1,448.60	93,610.98
6	6,039.21	1,545.61	92,065.37
7	5,935.69	1,649.12	90,416.24
8	5,825.25	1,759.57	88,656.68
9	5,707.41	1,877.41	86,779.27
10	5,581.67	2,003.14	84,776.13
11	5,447.52	2,137.30	82,638.83
12	5,304.38	2,280.44	80,358.39
13	5,151.66	2,433.16	77,925.23
14	4,988.70	2,596.11	75,329.12
15	4,814.84	2,769.98	72,559.14
16	4,629.33	2,955.49	69,603.65
17	4,431.39	3,153.43	66,450.23
18	4,220.20	3,364.62	63,085.61
19	3,994.87	3,589.95	59,495.66
20	3,754.44	3,830.38	55,665.28
21	3,497.91	4,086.90	51,578.38
22	3,224.21	4,360.61	47,217.77
23	2,932.17	4,652.65	42,565.12
24	2,620.57	4,964.25	37,600.87
25	2,288.11	5,296.71	32,304.16
26	1,933.38	5,651.44	26,652.72
27	1,554.89	6,029.93	20,622.79
28	1,151.05	6,433.76	14,189.03
29	720.17	6,864.65	7,324.38
30	260.43	7,324.38	0.00

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ARTICLES

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When you start to tackle the walls in your foyer, dining room, bedroom, hallway and kitchen, as well as the wood on your banisters, trimmings and windows, you’ll find that your options don’t simply run to color....

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You want to have your home inspected so that you know what may or may not need to be fixed immediately after you buy it. You want to know if you are going to need to install new plumbing, new wiring or new appliances. You want to know if the chimney...

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