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    • How to calculate loan payments and costs

      How to calculate loan payments and costs

      Bankrate via AOL· 1 month 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· 2 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...

    • What is mortgage amortization?

      What is mortgage amortization?

      Bankrate via AOL· 5 months ago

      Key takeaways Mortgage amortization refers to the split between how much of your loan payment goes toward principal vs. interest. At the beginning of...