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    • How to calculate loan payments and costs

      How to calculate loan payments and costs

      Bankrate via AOL· 2 months ago

      Key takeaways Your payment is calculated based on your chosen interest rate and repayment period. The type of loan (interest-only or amortizing) will...

    • When is my first mortgage payment due?

      When is my first mortgage payment due?

      Bankrate via AOL· 3 months ago

      Key takeaways The first mortgage payment is usually due a full month after your closing date — on the first day of the month. When you make mortgage...

    • Should retirees use their homes to pay bills?

      Should retirees use their homes to pay bills?

      Bankrate via Yahoo Finance· 6 hours ago

      Key takeaways If you’re a homeowner in or nearing retirement, you may be able to use your home equity as a source of funds. The amount of home equity you...

    • What is PITI?

      What is PITI?

      Bankrate via AOL· 5 months ago

      Key takeaways The principal, interest, taxes and insurance (PITI) comprise your monthly mortgage payment. You can calculate your PITI payment yourself or...