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  2. Mortgage prequalification vs. preapproval: How to time these ...

    www.aol.com/finance/mortgage-prequalification-vs...

    Specifies an exact loan amount. Interest rate. ... A mortgage rate lock is a guarantee from a lender that your interest rate won't change for a set period of time — often 30 to 60 days or more ...

  3. Compare rates: When shopping around and researching mortgage lenders, be sure to compare their interest rates. Getting the most competitive interest rate possible can save you thousands over the ...

  4. 15-year vs. 30-year mortgage: Which is right for you? - AOL

    www.aol.com/finance/15-vs-30-mortgage-215934391.html

    As an example, on a $300,000 mortgage with a 6.90 percent interest rate, your monthly payment would total $2,240 for 30 years. You’d spend $411,288 in interest over the course of 360 monthly ...

  5. How to shop for a mortgage without hurting your credit score

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    A conventional loan and VA loan typically require a credit score of at least 620, however, VA loans have no set minimum limit. You can qualify for an FHA loan with a minimum 580 credit score and ...

  6. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    Mortgage calculators can be used to answer such questions as: If one borrows $250,000 at a 7% annual interest rate and pays the loan back over thirty years, with $3,000 annual property tax payment, $1,500 annual property insurance cost and 0.5% annual private mortgage insurance payment, what will the monthly payment be? The answer is $2,142.42.

  7. How to get a mortgage - AOL

    www.aol.com/finance/mortgage-180956822.html

    Fixed-rate mortgage: A fixed-rate mortgage has the same interest rate throughout the length of the loan, so every payment will be the same. This predictability makes fixed-rate mortgages the most ...

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