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2. Second mortgage - Wikipedia

   en.wikipedia.org/wiki/Second_mortgage

   Second mortgage interest rate payments are also tax deductible given certain conditions are met. [35] This advantage of second mortgages reduces the borrower's taxable income by the value of the interest expense. [36] In general, total monthly repayments on the second mortgage are lower than that of the first mortgage.

3. What is a second mortgage, and how does it work? - AOL

   www.aol.com/finance/second-mortgage-does...

   If you have a home worth $300,000 and $200,000 remaining on your first mortgage, for instance, you might be able to borrow as much as $55,000 through a second mortgage: ($300,000 x 0.85) – $200,000.

4. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [ 2 ]

5. This is how much money you need to earn annually to ... - AOL

   www.aol.com/finance/much-money-earn-annually...

   We’re going to walk through a couple examples further down in this piece that place the yearly salary needed to afford the mortgage payment on a $400,000 house at about $104,904 to $131,652 ...

6. How to choose a mortgage lender: 6 tips - AOL

   www.aol.com/finance/choose-mortgage-lender-6...

   You can use Bankrate’s affordability calculator to estimate the home price and monthly mortgage payment you can comfortably manage. Step 3: Know your mortgage options

7. Amortization calculator - Wikipedia

   en.wikipedia.org/wiki/Amortization_calculator

   An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process. [ 1 ] The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.