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How to Lower the Monthly Payments on Your Mortgage
The difference between balancing your budget and bankruptcy is often only $100 a month! This article explains several ways a homeowner can knock that much off his/her mortgage payment each month.
The Only Real Ways to Pay Off a Mortgage Early
There are many proposed methods of paying off a mortgage early. Let's recap the most popular of these methods and see which ones work best!
When Applying For a Mortgage, How Much Can I Borrow?
With lenders immersed in a business slowdown and mortgage brokers having access to all kinds of creative loans, the question isn't "How much can I borrow?" it's "How much can I pay back?" Now, as foreclosures climb toward record numbers, the answer is most important!
How To Figure Out Mortgage Payments Without a Mortgage Calculator
You read an advertisement for a mortgage that is 6% for 30 years and you would like to know how much the monthly payment would be for $200,000 borrowed. In an instant and without a calculator you compute in your head, the payment is $1,199.20! How did you do this? Simple, or at least, easier than you might think.
The No Chance For Foreclosure Method to Calculate a Mortgage Payment
The lender will tell you how much your monthly payment will be as long as you know how much you are going to borrow, the interest rate and the term of the mortgage. Is the answer accurate and if so, for how long? Let's really figure out your mortgage payment without letting there be any surprises.
Using Amortization Tables to Make Big Money
One of the most helpful and overlooked wealth building tools is the amortization table. This article explains where to find and how to use your amortization table to stop wasting a lot of money and how to start making it...
The Difference between a Reverse, or Negative Amortization Mortgage and a Reverse Mortgage
There is a lot of confusion between negative amortization mortgages and reverse mortgage. This article will set the record straight and give you keen insight into these two very different types of mortgages.
Five Ways Lenders Try to Take You for a Ride
Many lenders will try to get you to take a mortgage that will work best for them. Here are 5 of their liitle tricks to look out for.
Saving Money With Biweekly Payment Plans
Is refinancing and changing your payment plan to a biweekly plan a good deal? Well, mabe the refinancing part is.
Which is Worse, a Higher Interest Rate or More Points?
Trying to determine the roll a point plays in a mortgage's overall attractiveness can be very confusing. This article explains when paying points is a detriment or a benefit to a borrower.
10 Questions to Ask the Mortgage Loan Originator
Applying for a mortgage can make anybody uneasy, even people who have had mortgages before. Are you sure you're not going to be taken? Here are 10 questions you can ask the Loan Originator that will make you sound like a seasoned pro and put him on the defensive.
A $310,000 Mortgage With a $999 Monthly Payment!
Advertisements for very large mortgages that require only small monthly payments now fill the internet, radio, TV and print media. This article explains how these mortgages work.
The Newest, Latest, Greatest, Fastest, Cheapest, Most Revolutionary Mortgage
The latest buzz on the Internet is about a new kind of mortgage, which is imported from Australia and Great Britain and is advertised as a way for you to pay off your 30-year mortgage in 8 years. This article examines this genre of mortgages.
Who Wants an Extra $100,000?
How making small adjustments to your mortgage can result in huge returns.
The Biweekly Mortgage Scam
Exposes the myth that a Biweekly Mortgage payment plan is worth the prices being charged to convert to one.
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