All agents are NOT alike! Find out why we are top real estate experts. Call us at 757-428-3498 Toll free 1-800-644-2150

home phoneelectricitycablehigh-speed InternetnewspapersWhiteFence.com

Click here for Branching out - Weekly words to grow on.

Request Our Free Relocation Package!
Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate!
Find Out More >
View All Offers >

Coming Soon
Read Quote >

Compare three mortgages at one time. Download TripleCalc now. It's free.

Find Out More >
Download Now >

Brenda Rawls' Star Team is one of The Top Selling Real Estate Experts™
Find Out More >

See the nation's top rated reports for Schools in Hampton Roads, Virginia Beach and the Ocean Front >

Peerless Carpet Care & Restoration
Nearby Carpet Restorations!
Find Out More >
View All Affiliates >

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

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...

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.

School Reports in Hampton Roads, Virginia Beach and the Ocean Front, Virginia

"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

Virginia Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.

Schools in Hampton Roads, Virginia Beach and the Ocean Front

Time to Move >Children and Moves

When you decide it is time to move, it is important to engage your children in the process. Depending on the reason for the move and the distance, moving can cause some concerns for children that parents may not be aware of right away. Moving often means going to a new school, leaving favorite playmates, and experiencing a lot of uncertainty about what the new neighborhood will be like.

The transition will be a lot easier if your children support your efforts to get your current home sold. How can you get them involved in the process? Include the whole family in discussions about the move and invite the children to participate in house-hunting trips. Ask for the children's cooperation in keeping their toys and clothes picked up. Teenagers may be especially touchy about strangers invading their space, and may resist keeping their room in "showing" condition. Stay communicative with your children about developments in the home sale to help them feel connected to the process.

Work with a real estate agent who is comfortable with children and can remain sensitive to your children's needs and concerns. When the house sells, take the whole family out to celebrate the event.

	See All Tips In The "Time to Move" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q	What is considered one of the few remaining tax shelters in the 1990s?
A	Homeownership--property taxes on a residence or vacation home are deductible up to $1 million.
See More Real Estate Trivia >

Brenda Rawls' Star Team, REALTOR®, real estate agent and broker for Hampton Roads, Virginia Beach and the Ocean Front, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Brenda Rawls' Star Team
Rose & Womble Realty
4104 Holly Road
Virginia Beach, VA 23451
TOLL FREE: 1-800-644-2150
Local Office: 757-428-3498
E-Fax: 757-390-3600
brenda@brendarawls.com
Hampton Roads Real Estate is my area of expertise - I live here, work here and play here! I provide my Buyers and Sellers with extraordinary service which creates life long relationships, and I would love to be your #1 real estate source!

www.BrendaRawls.com is brought to you by Brenda Rawls' Star Team
NUMBER1EXPERT™ in real estate for Hampton Roads, Virginia Beach and the Ocean Front, Virginia

Read Brenda Rawls' Star Team's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge