Mortgage Calculator

Purchasing down factors // Mortgage factors split even calculator

Purchasing down factors // Mortgage factors split even calculator

Have you at any time heard the time period origination factors? Use this mortgage loan factors split even calculator to see if having to pay down factors at the closing desk will save you money in excess of time.

NerdWallet Calculator:

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Karin Carr is a total time Realtor® in Savannah, Georgia with Keller Williams Coastal Space Associates. I am a very pleased Air Force spouse, self-professed tech nerd, and bona fide seafood fanatic. My partner and I are each in excess of 6’ tall and we have two fantastic kids who will be far too when they are total developed. 😆

Nicole Moore is a army spouse and loves serving to prospective buyers locate their new properties. With a father in the Air Force and a partner in the Army, Nicole is no stranger to going! She appreciates the stresses involved with relocating and strives to make it simpler for our shoppers.

Dawn Sanders is a life long resident of Effingham County. Married to Craig Sanders with two teenage boys (Matthew and Dylan), she enjoys the beach front and touring. She loves to chortle, support folks and smiling is her beloved.😆 She is pretty acquainted with the complete Coastal Empire. And Dawn was a person of the winners for the Pleasure of Pooler Readers Choice awards for Realtors®.

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  1. Have you ever bought down your interest rate before? Was it worth the expense?

  2. Great explanation Karin. and Kudos for finding that calculator.

  3. Excellent information Karin! Thanks for sharing!

  4. Nerd Wallet is a great resource.

  5. That calculator is a pretty neat tool! We bought down our rate on an investment property. We plan on keeping it for quite awhile so for us, it was worth it!

  6. Thanks for shedding light on this Karen. Everyone knows that we can pay down our mortgage early. Few realize just how much money they will save by doing so. Even fewer know how many years it will take to break even when we buy down the rate.

  7. Karen thanks for the explanation, I didn’t really know what was meant by buying down points even though I’ve heard it many times over the years. Guess it depends on your own situation!🤔 Thanks kiddo and have a great week! 😊

  8. Cool calculator…


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