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  2. How does a condo mortgage work? - AOL

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

    Conventional loan. 3 to 5 percent minimum down payment. 620 minimum credit score. Debt-to-income (DTI) ... Can I use a condo mortgage to purchase a vacation or investment property?

  3. 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.

  4. What are the monthly payments on a $400,000 mortgage? - AOL

    www.aol.com/finance/400000-mortgage-payment...

    Assuming a 30-year fixed-rate mortgage at 6.5% interest, including estimated property taxes and insurance, the payment on a $400,000 mortgage would be around $2,857 a month.

  5. 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.. 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.

  6. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    Budget loans include taxes and insurance in the mortgage payment; [10] package loans add the costs of furnishings and other personal property to the mortgage. Buydown mortgages allow the seller or lender to pay something similar to points to reduce interest rate and encourage buyers. [11]

  7. Money Influencer Vivian Tu: 4 Things To Do Now If You’re ...

    www.aol.com/finance/money-influencer-vivian-tu-4...

    To determine your ratio, Fulton Bank suggests adding up your monthly debt payments, including mortgage, car payment, credit card payments and other loans. Next, divide those payments by the ...

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