Todd Alperin - Coco, Early & Associates The Olivares, Molina & Alperin Division



Posted by Todd Alperin on 6/23/2019

If the nerd in you comes out as soon as someone starts talking numbers, you might find yourself wondering how hard it is to create a mortgage calculator. Technically called an amortization calculator, the numbers you put into the calculation tell you what your payment each month breaks down to in terms of what goes to the principal (the amount to pay down your loan) and interest (the money the lender makes for loaning you the money).

Getting set up

You can download a spreadsheet to fill in for Excel or Numbers. If you don’t use Excel or Numbers, you can create one in Google sheets (a free online spreadsheet program with a Google account). You will also need a few numbers to set up your amortization schedule.

  • The loan amount. This is the amount you intend to borrow. So, in general, it will be the amount of the sales price of the home minus the down payment. It might include some of the closing costs or points, or other amounts so bear that in mind and adjust your calculator once you get the final numbers at closing.
  • The annual interest rate. For a fixed-interest mortgage, this amount will remain the same throughout the life of the loan. For a variable interest or adjustable loan, each time the rate changes, you should set up a new table going forward.
  • The loan period. Usually, you calculate this in years, so even if your loan is for a partial year, express it in decimals. So, fifteen years and six months would be 15.5.
  • The number of payments per year. Usually, this number is 12 since you make payments every month. In rare cases or for particular types of loans, it could be 4 for quarterly payments or even one if you only pay one time each year.
  • You also need the start date of the loan. Typically, loan calculators assume that the first payment is due at the beginning of the next month after the start date.
  • Optional extra payments. Some calculators also have a formula for voluntary additional payments. For example, if you want to pay off your mortgage to coincide with your retirement, you could try various additional payments until the loan zeros out on that date. That way, you would know exactly how much extra to pay each month to achieve your goals.

These calculators do not account for taxes and insurance since those numbers are subject to change even though you pay them with your monthly payment. If you have questions about how to use a mortgage calculator or how to figure out what your payments might be, speak with your lender for a detailed explanation.




Tags: Mortgage   home buyers   loans  
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Posted by Todd Alperin on 6/17/2019

Welcome to 16 Sequoia Lane! Fantastic center entrance colonial located in a very desirable neighborhood. Huge 26' kitchen featuring granite counters, stainless steel appliances, breakfast bar and dining area that flows into fireplaced family room. Formal dining room. The living room offers flexibility to be used as a den or office. The first floor is completed by a half bath with laundry. The second floor features a master suite with large walk-in closet and full bath. Two other good sized bedrooms with great closet space. The second floor is completed by the second full bathroom. The walk-up attic offers great storage space or future expansion possibilities. Central air conditioning with new condsenor in 2017. 200 amp electrical service and generator ready. Nice deck overlooking backyard. 2 car garage. All this set on a beautiful .99 acre lot. Great location!

More Info on this Property | New Listing Alerts





Posted by Todd Alperin on 6/16/2019

Ready to pack your clothing for moving day? Ultimately, packing apparel and accessories can be a hassle, particularly for those who have only a limited amount of time to prepare for a move. Lucky for you, we're here to help streamline the process of getting your clothing ready for moving day.

Now, let's take a look at three tips for packing clothing before moving day arrives.

1. Sort Through Your Clothing

Take a look inside your closet and sort through your apparel and accessories – you'll be glad you did. If you organize your clothing today, you may be able to save time down the line.

Determine which clothing you plan to keep and which no longer suits your style. Then, you can eliminate assorted apparel and accessories from your wardrobe.

With excess clothes that are in good condition, you may be able to sell or donate these items. Before you do so, however, you should make sure that all of your clothing is clean.

If you find clothes that are ripped or torn, there is no need to bring them to your new address. Instead, dispose of any damaged clothes, and you can avoid the hassle of transporting these items from Point A to Point B.

2. Group Your Clothing

Group your clothing, and you can organize your apparel and accessories and speed up the process of unpacking your clothing once you reach your new address.

There are many ways that you can group apparel and accessories. Some people choose to group clothing by season. Or, you may want to group your clothing by material or purpose.

Regardless of how you group your clothes, you'll want to label moving boxes that contain clothing accordingly. This will ensure that you can instantly locate your clothing after your move and start unpacking your apparel and accessories right away.

3. Consider What You'll Wear on Moving Day

Although you'll want to pack as much as possible prior to moving day, you should put aside clothing that you intend to wear on moving day.

It often pays to pack clothing as close to moving day as you can. That way, you can keep a close eye on the weather forecast and ensure you can put aside appropriate apparel and accessories for moving day.

Furthermore, if you're moving in summertime, you may want to set aside a pair of sunglasses and hat for maximum sun protection. On the other hand, you may want to keep a pair of winter gloves and other seasonal accessories on hand if you're preparing for a winter move.

If you need extra help getting ready for moving day, you may want to consult with a real estate agent. This housing market professional can offer honest, unbiased recommendations to help you prepare your clothing and other belongings for your upcoming move.

Use the aforementioned moving tips, and you should have no trouble packing all of your clothing prior to moving day.




Tags: moving tips   clothes   clothing  
Categories: Uncategorized  


Posted by Todd Alperin on 6/9/2019

Ever have one of those random mornings that everything goes wrong? Worst of all, everyone in the house managed to get ahead of you into the shower and now there's no more hot water. Ugh!

You demand hot water! At least, you'd like to. And you can make demands with an on-demand hot water system.

On-demand Tankless Water Heater

Long used in Europe and other parts of the world, on-demand water heating units typically heat water at that the time the tap turns on rather than heating a tank full of water. According to Energy.gov, an instantaneous-type water heater avoids standby energy losses associated with tank storage water heaters. That can save you money on utilities over time.

Here’s how it works: Tankless water heaters heat the cold water running through the pipe and into the unit. Either electric or gas, the units supply constant hot water as long as the tap is open. And since you don’t need to wait for a tank to fill up, the last person to get in the shower receives the same amount of hot water as the first person.

There are limitations, however, that have to do with the rate of flow. A typical tankless unit will provide between two and five gallons per minute, so if you're used to more water pressure, you might be disappointed. Also, if you install one central until to heat water for the entire home, you'll find this limitation is problematic when running both the dishwasher and the shower or filling a tub at the same time you're washing a load of clothes on hot. To overcome this limitation, install more than one unit in parallel or install several at the point of use: so, place one in each bathroom, one in the laundry room and one in the kitchen.

Point of Use Water Heaters Tank

Another option that works for small amounts of instant hot water, such as to fill a kitchen sink for dishes, is a point-of-use water tank. These are small tanks that hold between two and five gallons, placed on the hot water line near to where you might use them. A two-gallon might work under the kitchen sink so that water for rinsing is available immediately. A larger version, say a five-gallon unit, might go inline to your washer in the laundry room if you need to wash in hot water on a consistent basis.

An advantage of these tanks is that the water is available in the location you need it most, while still being in-line with your main household water tank. The distinct disadvantage is that if you need more hot water than the tank holds, you must wait for it to arrive from the household unit anyway.

Either one might be just the perfect solution for you. Contact a certified installer to give you an idea of your options. And check with your local real estate professional to see how adding one of these units can increase your home’s value.




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Posted by Todd Alperin on 6/2/2019

If you recently bought or sold a home, you likely need to move quickly to pack up your family's belongings. In fact, you may have only a limited amount of time to get your child's toys packed up and ready to go to your new address.

Ultimately, packing a child's toys can be quick and simple – here are three essential packing tips for toys that every parent needs to know.

1. Make a List of Your Child's Toy Inventory

If your child has a wide selection of big and small toys, you may want to make a list of toys that need to be packed up prior to moving day. That way, you can ensure that all of your child's toys will make it from Point A to Point B.

As you create your list, think about the toys that your child uses frequently. If possible, you'll want to avoid packing these toys until the last possible moment.

On the other hand, you can immediately start packing toys that your child rarely uses. Pack up as many toys as you can, and you may be able to minimize stress as moving day draws closer.

2. Involve Your Child in the Packing Process

Packing can be a stressful process for kids and parents alike. Fortunately, you can involve your child in the packing process to help your son or daughter prep for moving day.

In many instances, children can pack up toys on their own. Kids may require supervision while they pack, but with the help of their parents, these children can get their toys ready for an upcoming move.

With the right approach, packing can be a fun bonding activity for parents and kids. Together, parents and children can pack up toys and other items and ensure all of a family's belongings can safely be transported from one destination to the next.

3. Pack and Label Your Moving Boxes

Parents will want to guarantee that no toys are broken or damaged during a move. As such, it is essential to use bubble wrap, packing paper and other packing supplies to ensure all of a child's toys remain intact.

Furthermore, parents will want to make it easy for kids to find their toys as soon as a family reaches its new address. If you use bright markers to label moving boxes that contain a child's toys, your son or daughter can instantly unpack his or her toys and start getting settled into a new home.

If you need extra help getting ready for a move, you may want to consult with a real estate agent as well. In addition to helping you buy or sell a house, a real estate agent can put you in touch with the best moving companies in your area.

Don't leave anything to chance as you prepare to move to a new location – use the aforementioned tips, and you should have no trouble packing up your child's toys.




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