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What is mortgage amortization?
Bankrate via AOL· 6 months agoKey takeaways Mortgage amortization refers to the split between how much of your loan payment goes toward principal vs. interest. At the beginning of...
How to calculate interest on a loan: Tools to make it easy
Bankrate via AOL· 3 weeks agoKey takeaways Lenders charge two types of interest to earn money on the amount borrowed: simple or...
Prepaying your mortgage: What is it and should I do it?
Bankrate via AOL· 5 months agoKey takeaways Prepaying a mortgage means paying extra, either in periodic installments or a lump...
What is a fixed-rate mortgage and how does it work?
Bankrate via AOL· 6 months agoKey takeaways A fixed-rate mortgage maintains a consistent interest rate throughout its entire term, whether it spans 30 years, 15 years, or any other...
These Are the Most-Googled Mortgage Loan Terms
Motley Fool· 10 months agoImage source: Getty Images House prices have skyrocketed nearly 29% over the past three years, according to the Federal Reserve Bank of St. Louis. That...
Mortgage recasting: What it is and how it works
Bankrate via AOL· 2 months agoKey takeaways Mortgage recasting allows you to pay a lump sum toward your mortgage in order to reduce your remaining monthly payments and interest. When...
I’m well into paying off my mortgage. Should I still refinance?
Bankrate via Yahoo Finance· 2 months agoKey takeaways Understanding the reason you want to refinance can help you determine if it’s a good...
How to pay off your mortgage early
Bankrate via Yahoo Finance· 11 months agoSome homeowners are eager to get out of their mortgage early, with reasons ranging from eliminating the psychological pressure of debt to slashing...
When is my first mortgage payment due?
Bankrate via Yahoo Finance· 3 months agoKey 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...
Adjustable-rate mortgages: What they are and how they work
Bankrate via Yahoo Finance· 7 months agoKey takeaways Adjustable-rate mortgages (ARMs) come with an interest rate that changes at...