4 Things You Need to Know About Your First Home Mortgage

. When most people think about buying their first home, a mortgage is the last thing on their mind. Instead, they’re thinking about finding the perfect home and how they will decorate. They’re prioritizing looking for a home that ticks all of their boxes instead of a home that they [...] read more

Costs Associated with Buying a Home

When buying a home, most people only think of the listing price and interest rate for a home loan. However, more fees and expenses need to be considered when buying a home. Fees that need to be paid upfront and fees that will later be merged into your mortgage payment [...] read more

Mortgage Calculator with Extra Payments

Make Some Extra Payments and Pay Off Your Mortgage as Soon as You Can! Additional extra payments can help you repay your mortgage sooner and help you reduce your total interest payments for your loan. With extra payments, you can make great savings in interest payments and pay off your [...] read more

Use Mortgage Calculator Early Payoff and Become Debt Free

Increase Your Mortgage Payment and Made an Early Payoff. Use The Mortgage Calculator Early Payoff and Save on Interest. A lot of mortgage borrowers are certainly looking for extra payment plans and refinancing schemes that can help them pay off their debt ahead of schedule. Many people want to make [...] read more

The Importance of Amortization

There are multiple types of mortgage amortization calculators available, however. Not all of them offer the same things. We can choose between mortgage amortization calculator, mortgage amortization calculator with taxes, mortgage amortization calculator with insurance, mortgage amortization calculator with HOA, mortgage amortization calculator with the downpayment, or any other feature [...] read more

Benefits and Risks of a Balloon Mortgage

Balloon Mortgage Calculator The calculator gives you three calculation options: determine the amount of an annuity or determine the amount of the loan or determine the amount of the loan and the balloon amount. Enter monthly paymentEnter a monthly payment, an interest rate, an estimate of the years after which the balloon [...] read more

Can PiggyBack Mortgage Save Your Money?

Avoid Paying for Private Mortgage Insurance Having two mortgages is sometimes a better option than having only one. A second mortgage that is called PiggyBack Mortgage can help you avoid paying for Private Mortgage Insurance or PMI that is needed to protect the lender of the loan when you do [...] read more

Balance Transfer Credit Cards

How High Credit Card Balances Can Seriously Wreck Your Credit Scores If you have high balances on your credit cards, you could be doing serious damage to your scores even if every payment is made on time without fail. Credit utilization is a very important component of how credit scores [...] read more

My Credit Scores

How Can I Improve My Credit Scores and Get the Best Possible Mortgage Deal? Your credit scores are one of the most important factors that impact the interest rate and closing costs you’ll pay for a mortgage. Mortgage lenders consider your scores to be highly predictive of the likelihood you’ll [...] read more

Fixed Rate or Adjustable Rate

Which is Better, a Fixed Rate or Adjustable Rate Mortgage? Which is the better mortgage, a fixed rate or an adjustable rate mortgage (ARM)? Well, that depends on your goals for the loan and your tolerance for potential interest rate increases in the future. The advantage of an ARM is [...] read more