HOW THE INTEREST COSTS OF

HOW MUCH LENDERS ARE CHARGING IN FEES CALCULATORS

 Estimating Lender Fees From the APR on Fixed-Rate Mortgages:For borrowers who want to know the fees charged by a lender, in addition to the rate and points quoted in the media. 

HOW MANY POINTS TO PAY

 The Costs and Benefits of Paying Points on Fixed-Rate Mortgages:For borrowers who want to know whether they will save or lose money over a specified period by paying points in order to reduce the interest rate on an FRM. 

 The Costs and Benefits of Paying Points on Adjustable-Rate Mortgages:For borrowers who want to know whether they will save or lose money over a specified period by paying points in order to reduce the interest rate on an ARM.. 

 Rate of Return From Investing in Points on Fixed-Rate Mortgages:For borrowers who want to know whether paying higher points to get a lower interest rate on an FRM is a good investment. 

 Rate of Return From Investing in Points on Adjustable-Rate Mortgages:For borrowers who want to know whether paying higher points to get a lower interest rate on an ARM is a good investment. 

HOW LARGE A DOWN PAYMENT TO MAKE

 Rate of Return From Investing in a Larger Down Payment: For borrowers with enough cash to make a down payment in excess of the minimum required on a particular loan, who want to know whether using the cash to increase the down payment is a good investment. 

WHETHER TWO MORTGAGES ARE LESS COSTLY THAN ONE?

 Two Mortgages Versus One Larger Mortgage: For borrowers trying to decide whether they should take a second mortgage, either to avoid mortgage insurance or to avoid the higher interest rate on a jumbo as opposed to a conforming loan amount. 

WHETHER TO PAY FOR MORTGAGE INSURANCE

 Pay for Mortgage Insurance or Pay a Higher Interest Rate: For borrowers trying to decide whether they should elect to pay mortgage insurance on a fixed-rate mortgage, or avoid mortgage insurance by paying a higher interest rate. 

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