Mortgage Calculators for Ann Arbor Area Home Buyers

Posted by Toth Team Worldwide on September 20, 2011

I found a great resource for mortgage calculators for those planners and analytic types in Washtenaw County, along with a quick video.

Mortgage Calculators for Ann Arbor Home Buyers

Refinance Calculators

Borrowers contemplating a refinance want to know whether the financial gain from a lower interest rate more than offsets the refinance costs; whether it is cheaper to raise cash through a refinance than through a second mortgage; whether the cost of refinancing an ARM into an FRM is justified by the reduction in risk; and whether paying down the loan balance in order to lower the refinance cost is a good investment; and whether it pays to consolidate short-term debt into a refinance.

Mortgage Payoff Calculators

Borrowers use mortgage payoff calculators to learn how different extra payment plans will affect the payoff date and the total amount of interest they will have to pay.

Mortgage Payment Calculators

Borrowers use mortgage payment calculators to find the payments on FRMs and ARMs of different types and/or carrying special options, such as payment options or temporary buydowns.

Amortization Calculators

Borrowers use amortization calculators to monitor their progress in paying down the loan balance and increasing their equity, to see how the process would be affected by extra monthly payments or biweekly payments, and to check their tax savings.

Buying a House

Home buyers may use a calculator to determine how much they can afford to spend, and whether they should buy now or wait.

Mortgage Comparison

Borrowers choosing between different mortgages, including fixed-rate and ARMs, can use these calculators to compare future values of net cost.

Mortgage Interest Calculators

Borrowers choosing between different mortgages, including fixed-rate and ARMs, can use these calculators to compare their interest cost.

Consolidation Calculators

Borrowers with substantial amounts of short-term debt may use consolidation calculators to determine whether and how best to consolidate the debts in a mortgage.

Mortgage Insurance Calculators

Borrowers putting less than 20% down may use mortgage insurance calculators to decide whether to purchase mortgage insurance, the best premium plan, and how long they will have to pay it.

Points Calculators

Borrowers with an opportunity to pay points to reduce the interest rate can use these calculators to find the break-even period, or the rate of return on investment.

Down Payment

Borrowers can use these calculators to find the rate of return on an increase in down payment, whether cash is better used for down payment than for points, and whether cash for settlement costs is better raised from the home seller or the lender.

Second Mortgages

Borrowers can use these calculators to determine whether a second mortgage “piggyback” is less costly than mortgage insurance or a jumbo first mortgage, or to compare two piggybacks.

Mortgage Term

Borrowers can use these calculators to explore how the term together with the interest rate affect the mortgage payment, and to determine whether a shorter term is a good investment.

APR Calculators

Borrowers can use an APR calculator to estimate lender fees whereas lenders use them to make sure their APR disclosures are correct.

This is courtesy of the Mortgage Professor who writes for Inman News: His link is http://www.mtgprofessor.com/calculators.htm and let him know what you think.

I just want to share more from one of the good guys – Huron Valley Financial. They have these calculators too.

Mortgage Calculators

The following online calculators serve as helpful tools during the mortgage process.

Payment/Amortization

Calculate your monthly payment and see how the principal is paid over time.

Rent vs. Own

Calculate the difference between renting and buying a home.

Annual Percentage Rate (APR)

Calculate the APR for fixed-rate or adjustable-rate loans.

Debt Consolidation

Determine if you can consolidate your debt by combining it with your home mortgage.

Prepayment Savings

Find out how soon you can pay off your mortgage by making a prepayment.

Early Payoff

Determine the additional monthly payment amount needed to pay off the loan sooner.

Refinance Break-Even Point

Find out how long it will take to “break-even” on a refinanced loan.

Tax Savings

Determine the estimated tax savings with a new loan.

The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.

If you need help in getting into your Ann Arbor dream home, let our Ann Arbor Real Estpate Expert team help you. 734-274-9544.

We work with reliable lenders who are Ann Arbor Experts.

Stoneyfield Meadows Subdivision Video in Dexter, MI KathyToth.com

Posted by Toth Team Worldwide on September 20, 2011

View the rest ofour Dexter videos at https://www.kathytoth.com/see_our_videos

For more information, check out Stoneyfield Meadows in Dexter, MI 48130 Homes and Community
Stoneyfield Meadows pictures, mapping, restrictions http://annarbortalks.com/dexter-real-estate/stoneyfield-meadows-subdivision-d…

Posted via email from Ann Arbor Homes and Condos For Sale

Ann Arbor Michigan Real Estate: Fox Ridge Commons, Ann Arbor MI

Posted by Toth Team Worldwide on September 17, 2011

View Larger MapMoving to Ann Arbor or within the Ann Arbor metro area is a big decision, parents want to make sure they move to neighborhoods with great schooling and to a location that is convenient for work and other local amenities.

If you are looking for a gorgeous development of spacious single family homes then consider Fox Ridge Commons.

Fox Ridge Commons is a great small development of 24 family friendly properties located just off Dhu Varren Road on the northern side of Ann Arbor and is located within the Ann Arbor City Limits.

A smart entryway to the road with lush landscaping leads to homes that are on good sized lots with large single family homes with well manicured yards set in a very rural environment with plenty of open space around the community. These large single family homes make for the perfect place to raise children. Homes here are close to Foxfire South Park and the Dhu Varren Woods Nature area.

Residents will be delighted to know that the community has an active homeowners association – click here to see the Master Deed and First Amendment.

Parents will also be delighted as children attend acclaimed Ann Arbor schools: Logan, Clague and Skyline High School

We welcome your comments, if you live in the community, we want to hear what you think of your neighborhood and welcome your input to improve this Ann Arbor Area information.

Ann Arbor offers great access to the expressway to get to Detroit or beyond quickly. A hop skip and a jump away is Zingerman’s Deli, Kerrytown, Kerrytown Farmers Market, Briarwood Mall, U of M campus, Medical Centerand University of Michigan football games. Drive to Veteran’s Park for figure or hockey skating, baseball, sledding, swimming, or enjoy fresh produce at Plum Market. For some specialty items be sure to visit nearby Morgan and York with video. Ann Arboris a great place to live – convenient for all, including the Detroit metro airport, which is around 30 minutes away! Remember to be sure to visit world famous Ann Arbor Arts Fairs held every July. Click here to search Dexter Real Estateusing our complimentary Ann Arbor Real Estate MLS Search service. Alternatively please contact Kathy Toth and the team if you need more specific assistance in your Ann Arbor Real Estate needs.

Kathy Toth and Team www.KathyToth.com Ann Arbor Market Center Keller Williams Realty

Lake Forest Subdivision Ann Arbor, MI 48108 Video Presented by KathyToth.com

Posted by Toth Team Worldwide on September 16, 2011

Peak indise Lake Forest Home and Tour Neighborhood Video

Find Lake Forest Homes For Sale. View Ann Arbor Neighborhood and Washtenaw County videos at http://www.KathyToth.com/see_our_videos. For more information, check out Lake Forest Homes and Ann Arbor Community
Lake Forest Neighborhood information, pictures, mapping, restrictions: http://annarbortalks.com/ann-arbor-neighborhoods/ann-arbor-michigan-real-esta…What Homes are for sale in Lake Forest? 734-274-99544
Talk to your Ann Arbor Real Estate Experts, Ann Arbor Homes and Condos For Sale

Ann Arbor Michigan Real Estate: Rolling Meadows Estates, Ann Arbor MI

Posted by Toth Team Worldwide on September 15, 2011

View Larger MapLiving in the Ann Arbor metro area means that as a resident you have so many local amenities at your fingertips. The Ann Arbor area is chock full of local arts and culture as well as great restaurants, shopping and more! Ann Arbor has riches far larger than its physical size. But that said, sometimes home buyers are looking to live juts outside of the hustle and bustle in the semi-rural areas just outside of a metro area.

This is where Ypsilanti comes in. Ypsilanti is a fun city with plenty of things to do – particularly its festivals, such as: The Heritage Festival,
Michigan Vintage Volkswagen Festival, The Elvis Festival, The Orphan Car Festival, The Michigan Brewers Guild Summer Beer Festival and more! Ypsilanti is a community with a rich history and is famous for being the home of Dominoes Pizza!

Rolling Meadows Estates is a small subdivision with a Ypsilanti address just off of Platt Road, just west of US-23 offering access to downtown Ann Arbor in minutes. Rolling Meadows Estates might had a Ypsilanti address but it is located on the western extremities of Ypsilanti in Pittsfield Township, which means that living here, residents benefit from low Pittsfield Township taxes.

Homes in this small neighborhood of 60 units constructed in the mid 1990’s onwards, are generally large single family homes on decent sized lots with lush landscaping benefitting from their semi-rural location. Most of the homes have upgraded features such as vaulted ceilings, brick fascias, hardwood floors, granite countertops and more!

Rolling Meadows Estates has an active homeowners association and parents send their children to acclaimed Ann Arbor Schools – Carpenter Elementary, Scarlett Middle, and Huron High School.

Click here for the 1st amendment of the homeowners association and here for the 2nd amendment.

We welcome your comments, if you live in the community, we want to hear what you think of your neighborhood and welcome your input to improve this Ann Arbor Area information.

Kathy Toth and Team www.KathyToth.com Ann Arbor Market Center Keller Williams Realty

Ann Arbor Average Sales Price Climbs

Posted by Toth Team Worldwide on September 14, 2011

It’s good to be in Ann Arbor…, amazing football and a robust real estate market!
Driven by continued affordability and low mortgage rates, residential real estate activity
remains strong in the Ann Arbor area. There were 322 residential units sold in August, up
23 percent over last year. Sales of condos jumped 46 percent, from 65 in August of 2010 to
95 in August of 2011.
Sales of all property types are up 27 percent compared to August of 2010. Year-to-date
sales are on pace to match or exceed 2010 numbers which were strongly influenced by the
federal tax stimulus. The year-to-date average sales price continues to climb, showing 4.2
percent growth over last year.08-2011stats

Peak Inside Lake Forest Highlands Golf Community Home and Tour Neighborhood

Posted by Toth Team Worldwide on September 14, 2011

Ann Arbor Lake Forest Highlands Video

Lake Forest Highlands Ann Arbor MI www.KathyToth.com

View Ann Arbor Neighborhood and Washtenaw County videos at http://www.KathyToth.com/see_our_videos. For more information, check out Lake Forest Highlands Neighborhood information, pictures, mapping, restrictions.

What Homes are for sale in Lake Forest Highlands and current pricing? 734-274-9544
Talk to your Ann Arbor Real Estate Experts; Find out What Is My Ann Arbor Area Home is Worth.

Lake Forest Highlands Video Ann Arbor, MI 48108 presented by www.KathyToth.com Peak inside a Lake Forest Highlands Home

Posted by Toth Team Worldwide on September 13, 2011

Ann Arbor Lake Forest Highlands Video Street View and Inside Lake Forest Highlands Home

View the rest of our Ann Arbor Area videos at https://www.kathytoth.com/see_our_videos.

For pictures, mapping, restrictions, more information, check out Lake Forest Neighborhood in Ann Arbor, MI 48108
Lake Forest Highlands Subdivision http://annarbortalks.com/ann-arbor-neighborhoods/ann-arbor-michigan-real-esta…If you are looking to live in Lake Forest Highlands Neighborhood, call your Ann Arbor Area Real Estate Experts: 734-274-9544.

Posted from Ann Arbor Homes and Condos For Sale

Ann Arbor Michigan Real Estate: Sommerset Pointe Condos, Scio near Ann Arbor MI

Posted by Toth Team Worldwide on September 12, 2011

Watch Sommerset Pointe Condos Video interior and exterior shots.

Sommerset Pointe Subdivision Ann Arbor MI KathyToth.com

View Larger Map

If you are a home shopper in Ann Arbor right now who is looking for an affordable Ann Arbor property in a semi-rural location then you should definitely consider a property in Scio Township.

Outside the City of Ann Arbor on the west is Scio Township. A picturesque area that is between Dexter and Ann Arbor. Scio Township was formed back in 1833 and over the years its real estate has become increasingly desirable with residential communities that began to flourish in the 1990′s and continues today. Scio Township contains a mix of single family residences, active agriculture, preserved natural areas, plus growing urban amenities. Scio is also known as “Scenic Scio Township” due to its outstanding natural beauty – as the area features gently rolling topography with rivers, creeks, and more.

So with this in mind, as you can guess there is plenty of choice out there when it comes to homes for sale in Scio. So, if you are looking for a small development of single family homes then Sommerset Pointe might be for you!

This collection of 13 single family homes located off of S Zeeb Road were constructed in the mid 1990s in the Cape Code style and offer affordable Scio Township living in a convenient metro Ann Arbor location.

Many homes here are decorated in a contemporary style with most offering upgraded features such as hardwood floors, cathedral ceilings, stone counter tops, skylights, hardwood floors and more. These homes are generally traditional three bedroom, two bathroom, two thousand square feet, two car garage single family homes that are designated as Condos for the county.

Living here means that you can walk to the bank, local restaurants and more.

Parents will be delighted that while enjoying lower Scio Township taxes they benefit from sending their children to popular and acclaimed Ann Arbor schools: Elementary: Haisley, Jr. High: Forsythe, High School: Skyline.

Residents of Sommerset Pointe will be delighted to know that the community benefits from a fantastic active community association. Click here to download the Master Deed here and the 1st Amendment here.

We welcome your comments, if you live in the community, we want to hear what you think of your neighborhood and welcome your input to improve this Ann Arbor Area information.