Search results
15-year vs. 30-year mortgage: Which is right for you?
Bankrate via AOL· 4 months agoKey takeaways A 15-year mortgage means larger monthly payments, but a lower rate and substantial...
Should You Make Biweekly Mortgage Payments?
Motley Fool· 12 months agoImage source: Getty Images Mortgage loans are designed to be paid off over decades, with borrowers making monthly payments typically for either 15 years...
When is my first mortgage payment due?
Bankrate via AOL· 2 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...
Private mortgage insurance (PMI): What it is and how it works
Bankrate via AOL· 1 month agoKey takeaways Private mortgage insurance (PMI) is an extra monthly fee that you pay on a...
Pros and cons of a 15-year mortgage
Bankrate via AOL· 6 days agoKey takeaways Pros of a 15-year mortgage include paying less in interest over the life of the loan as a result of a lower rate and shorter term, and...
These Are the Most-Googled Mortgage Loan Terms
Motley Fool· 9 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...
What is mortgage amortization?
Bankrate via AOL· 5 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...
What is a fixed-rate mortgage and how does it work?
Bankrate via AOL· 5 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...
Prepaying your mortgage: What is it and should I do it?
Bankrate via AOL· 4 months agoKey takeaways Prepaying a mortgage means paying extra, either in periodic installments or a lump...
Adding just a few dollars to each mortgage payment can save thousands in interest
Las Cruces Sun-News via Yahoo News· 12 months agoIf you obtained a mortgage recently, there’s a good chance you’d like to pay it off as soon as...
