Sheila Williamson
Ocean Realty
2503 N Croatan Hwy
Kill Devil Hills, NC 27948
Cell Number:
252-202-4729
Direct Line:
252-480-4422
Toll Free:
800-649-9235
Ext. 235
Fax Number:
2
52-441-9111
 Email Sheila

 

   
 
 

 

Outer Banks Mortgage Rates & Information

 
Home Mortgage Consultant
Emily Berry-Belvin

Office: 252-441-7610
Fax: 252-441-7832
Mobile: 252-207-3243
Toll Free: 800-407-8746
Contact Us
3118 N Croatan Hwy The Executive Center, Suite 204
Kill Devil Hills, NC 27948
website: -> Home Mortgage

MORTGAGE CALCULATOR
A free resource for consumers, professionals and researchers.  This resource features over 100 different financial calculators. Through the right column you can quickly access all calculators (sorted by type). Below you can find the 20 most common mortgage calculators. This 20-in-1 mortgage calculator can be added directly to your website - to easily allow visitors to perform calculations.

CLICK HERE ->Mortgage Calculator

Fixed Rate Mortgages
The most common type of mortgage program where your monthly payments for interest and principal never change. Property taxes and homeowners insurance may increase, but generally your monthly payments will be very stable.
Fixed rate mortgages are available for 30 years, 20 years, 15 years and even 10 years. There are also biweekly mortgages which shorten the loan by calling for half the monthly payment every two weeks. (Since there are 52 weeks in a year you make 26 payments or 13 "months" worth every year.)

Fixed rate fully amortizing loans have two distinct features. First the interest rate remains fixed for the life of the loan. Secondly the payments remain level for the life of the loan and are structured to repay the loan at the end of the loan term. The most common fixed rate loans are 15 year and 30 year mortgages.

During the early amortization period a large percentage of the monthly payment is used for paying the interest. As the loan is paid down more of the monthly payment is applied to principal. A typical 30 year fixed rate mortgage takes 22.5 years of level payments to pay half of the original loan amount.

 

David Wright
Mortgage Loan Officer
4804 North Croatan Highway
Kitty Hawk, NC 27949

website: -> Bank of America
-> Show Map
-> Get Driving Directions
Direct: (252) 261-6900
Mobile: (800) 831-6692
Mobile: (252) 256-2018

-> Contact Me
Leif Rasmussen
First Horizon National Corp
252-202-3162
website: -> First Horizon


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2009 Outer Banks Realtor 06/06/2014


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