Sell homes with Fengshui door appeal. Or, you could be missing potential sales and profit. The front door is the mouth of the chi. A handsome door brings good health, wealth, and longevity. Although houses come with many door, there is just one door which is use more often. Fengshui encourages the use of the front or main door. Passing the front door, you are leaving the outside world. Once you are inside, you can see the true color or personality of the home owner.

Positive Energy Flow

Without any clutter in front or back of the door, the positive flow can easily go inside. You may also check for obstruction on the door path. Door should smoothly open and close.

Make the Guardian happy

The guests must be able to clearly distinguish the front door. With a properly placed light, the front door tells the direction to go. Think of light as a guardian. And, remember to replace used up light bulbs. Or, it will ruin the positive energy. Consequently, it may lead to financial loss and illness.

Color Personality

The color of the door tells something about the home owner. A red door symbolizes fame and fortune. Although Fengshui recommends a red door, many doors come in a variety of colors. Yellow says friendly and cheerful home owner. And, blue says introvert and quiet home owner. Lastly, the green is simply the color of life.

Size Matters

The size of the door must conform to the size of the house. An extra large door leads to financial difficulty, while an extra small door leads to petty arguments. Additionally, the doorframes are the poles that support the family. A sturdy and straight poles increase the potential fortune.

Curb Appeal makes you stop the car. And, take a look at the house. On the path to the house, the buyer already knows if they want to buy the house in 30 seconds or less. Fengshui creates a positive energy, and welcome feel to your home. Ming Tong in Fengshui means bright place and refers to curb. The curb must be inviting and promoting to stay longer.

Stimulate emotions with colors

Colors play an important factor in our emotions and senses. The warm colors (reds, yellow, and orange) build fun, and excitement, while the cool colors stimulate peace, calm, and relaxation. To warm up the curb, you can add colorful flowers in the garden, varnish any wood around the house, and paint doors and window with red accent. Too cool up the curb, you can add more grass, shrubs, and trees.

Glossy means healthy

Look at the trees, plants, shrubs, and flowers if they have panoramic colors. You can tell the health by the shine, and color. Trimming the dead plants, leaves, and flowers, you promote the healthy lifestyle.

Fast Energy

A direct path to the doorway creates fast energy. On the other hand, the meandering path slows and relaxes any potential buyer. A water fountains, fish ponds, pathway lights, special step stones, and beautiful flower slow down the energy and builds interest. The buyer can stop, and admire for a while.

Obstacles and Clutter

Obstacles and Clutters decrease the welcome feel of the home. You may consider organizing the porch, cleaning the path, moving the garbage bin, and trimming the plants.

Feed the senses

Appeal to the senses by adding sound and fragrance. With healthy garden, wildlife comes to appreciate your garden. The birds serenade the buyer and guest. And, the flowers sends heavenly aroma.

The Annual Percentage Rate tells the true cost of borrowing. There are cost involve to acquire a mortgage. By nature, the buyers look at the lowest possible interest rate. It is not enough to know just actual interest rate. As each mortgage lender has different cost, you need different calculation for each mortgage lender. If you know the how much cost of borrowing, there are annual percentage rate mortgage calculators online to help buyers.

Different Cost of Borrowing

Mortgage Lender usually add points, pre-paid interest rate, loan processing fee, underwriting fee, document preparation fee, mortgage insurance, loan application fee, closing fee, and title fee to the mortgage. Learn the different meaning of the annual percentage rate fees before you meet your mortgage broker. Thus, the mortgage broker knows that you are mortgage savvy buyer. And, you just want the best rate possible. It is the law to disclose the annual percentage rate to the buyer.

Aliases of Annual Percentage Rate

Sometimes, the mortgage lenders use a different name on annual percentage rate for marketing purposes. In that way, Annual Interest Rate sounds less intimidating. Alternative names may be effective monthly interest rate, annual interest rate compounded monthly, and annual interest rate in advance.

Examples

Sometimes, the mortgage lenders use a different name on annual percentage rate for marketing purposes. In that way, Annual Interest Rate sounds less intimidating. Alternative names may be effective monthly interest rate, annual interest rate compounded monthly, and annual interest rate in advance.

Here is another good example. A name brand mortgage lender offers 6% interest rate in a 25 year mortgage, while a no name mortgage lender offers 5% interest rate in a 25 year mortgage. Looks like an easy decision. However, the no name mortgage lender charges loan processing fee, underwriting fee, document preparation fee, and closing fee. So, the no name mortgage lender may not be a good decision after all.

To fully understand and grasp Annual Percentage Rate (APR), there are terms to keep in mind. When you finally understand each mortgage term and definition, you can understand the basic concepts of APR. APR is short for Annual Percentage Rate which means true cost of borrowing. The fees below may be included in APR.

Points
Mortgage Lenders levied this charge at closing. A point represents one percent of face value of mortgage loan.

Pre-paid interest
It is the interest charged to borrowers at loan closing to pay for the cost of borrowing for a partial month. For example, if a loan closes on the first of the month and the first payment is due 10 days later, the lender will charge 10 days of prepaid interest.

Mortgage Insurance
The borrowers are usually required to pay when loan to value ratio exceeds 80%. This insurance protects the mortgage lender from default of mortgage payments.

Title or abstract, Escrow, Attorney, Closing, and Notary fee
The agent charges for their services.

Recording fee
The cost obtained in writing or entering an instrument in a book or public record

Appraisal and Credit report fee
Mortgage Lenders collect to pay the appraisal and credit-report Company.

Processing, Underwriting and Document Fees
Charges for the lender's services associated with making the loan.

APR stands for Annual Percentage Rate. Basically, it means the true cost of borrowing. This includes the interest rate plus all additional cost. Additional Cost usually includes points, pre-paid interest rate, loan processing fee, underwriting fee, document preparation fee, mortgage insurance, loan application fee, closing fee, and title fee.

APR remains controversial as each mortgage lender calculates differently. Lenders, bankers, mortgage brokers, and borrowers easily get confuse on calculation. By law, the mortgage lender must provide or disclose the APR to the borrower or mortgagor.

Steps to calculate annual percentage rate (APR)

1. Sum up all the additional cost.
2. Calculate the monthly mortgage payment.
3. Calculate the APR using the total additional cost and monthly mortgage payment.

Monthly mortgage payments

Suppose the mortgage lender lends $250,000 with 6.5% interest rate, 2 discount points, and $1,200 additional cost on 30 year mortgage, the regular monthly mortgage payment equals $1,580.17. Payment equals [P(1 + r)nr]/[(1 + r)n - 1] where P means principal, r means interest rate, and n means number of period. With discount points and additional cost included, your effective monthly mortgage payment equals $1619.36. Effective Payment equals [(P + a + (P * d))(1 + r)nr]/[(1 + r)n - 1] where P means principal, a means additional cost, d means discount points, r means interest rate, and n means number of period.

Annual Percentage Rate (APR)

Now, the Annual Percentage Rate calculations equals to 6.75%. APR equals [(a + (P * d)) / (P - a - (P * d))] * 10 + r where P means principal, a means additional cost, d means discount points, and r means interest rate.