Should I refinance my mortgage? Mortgage calculator Comparing mortgage terms (i.e. 15, 20, 30 year) Should I pay discount points for a lower interest rate? Should I rent or buy a home? Should I convert to a bi-weekly payment schedule? Compare a 'no-cost' vs. traditional mortgage What...
Loan to Value Ratio Calculator (LTV) 1. Commercial Mortgage Financing Assumptions 2. Loan to Value Ratio Calculation Example Expand + What is Loan to Value Ratio? The Loan to Value Ratio (LTV) is a credit risk metric that compares the size of a mortgage loan to the appraised value of a...
Understanding the Cost of One Point (COOP) is essential when looking to secure a mortgage or refinance a home. By calculating the cost of one point and comparing it with the savings on interest payments over time, borrowers can make more informed decisions about whether purchasing points is ...