Fort Lee, Edgewater, Ridgewood and Tenafly real estate and homes for sale in New Jersey - Sherry Zimmer, REALTORS® REALTOR® Logo - NUMBER1EXPERTS™ NUMBER1EXPERT™ Logo
AaronMorganProperties.com
Contact Information
Email Sherry Zimmer
Login
Go To Sitemap
Sherry Zimmer
Search All Local Listings
Feature Properties
Featured Rentals
Learn more about the $8,000 Tax Credit
Mortgage Rates

All agents are NOT alike! Find out why I am a top Bergen County and Hudson County Real Estate Experts. Call the Zimmer Team at 201-982-2339.

Special Offers
Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
Find Out More >
View All Offers >

Testimonials
"From start to close, Debbie and Sherry were always professional, friendly, and full of useful information.....
Read Quote >

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

Real Estate - Homes - NUMBER1EXPERTS Sell More!
Sherry Zimmer are some of The Top Selling Real Estate Experts™
Find Out More >


Click for Fort Lee, New Jersey Forecast

School Reports
See the nation's top rated reports for Schools in Fort Lee, Edgewater, Ridgewood and Tenafly >


Latest Listings
Get the Latest Listings Before Anyone Else!
Name:
Email:
Affiliates
Coming Soon
Find Out More >
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 may take a minute to load but are worth the wait. 

Each calculator has dynamic graphs and charts that change 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 to your home, your interest rate, your loan amount, your taxes and more. 

Would you like a print out for your records or 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 Fort Lee, Edgewater, Ridgewood and Tenafly, New Jersey
"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

New Jersey Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Fort Lee, Edgewater, Ridgewood and Tenafly 



Real Estate Tips
Tax Considerations >Not at ARMs Length

A sale of a house is just a sale, right? Not necessarily. If you are selling your house to your children or transferring title outside the open market, then the transaction may be characterized as "not at arm's length". Since such a transfer may have tax consequences, you should discuss it with a tax attorney or accountant before taking action.

The transfer of title to a son or daughter may cause the parents to lose favorable property tax treatment, require the payment of state gift taxes, or have other unexpected consequences. From a capital gains point of view, it may be more prudent for children to inherit property than to receive it as a gift. The disposition of any real estate should be considered within the entire framework of your tax and estate planning.

For answers to all your real estate questions, consult experienced professionals who are familiar with this area.

See All Tips In The "Tax Considerations" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What has been described as the world's most beautiful building?

A 
The white marble Taj Mahal in India was built by the Mogul emperor Shah Jahan (1631-53) to enshrine his favorite wife.
See More Real Estate Trivia >


Print This Page Send To A Friend


Sherry Zimmer, REALTOR®, real estate agents and broker for Fort Lee, Edgewater, Ridgewood and Tenafly, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Sherry Zimmer, Licensed Realtor
Exclusive Properties Residential Brokerage

20-00 Fair Lawn Avenue
Fair Lawn, New Jersey 07410
Cell: 201-982-2339
Office: 201-796-7777
szimmer@njrealestate.com

" I provide top service before, during and after the sale of your home or business"

MLS REALTOR Equal Housing RELO


Exclusive Properties Residential Brokerage

www.ZimmerRealtyTeam.com is brought to you by Sherry Zimmer
NUMBER1EXPERTS™ in real estate for Fort Lee, Edgewater, Ridgewood and Tenafly, New Jersey

Read Sherry Zimmer's 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.ZimmerRealtyTeam.com is brought to you by Sherry Zimmer