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  2. 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 ]

  3. 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.

  4. Flexible mortgage - Wikipedia

    en.wikipedia.org/wiki/Flexible_mortgage

    The term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first appeared in Australia in the early 1990s (hence the US term Australian mortgage ), however it did not gain popularity until the late 1990s.

  5. When should you refinance your mortgage? - AOL

    www.aol.com/finance/when-to-refinance-mortgage...

    By refinancing, you’d save about $220 on your monthly payments and nearly $30,000 in interest payments over the life of the loan, and it would take you about three years to recoup the closing ...

  6. Dave Ramsey’s 7 Tips for Quickly Paying Off a Mortgage - AOL

    www.aol.com/dave-ramsey-7-tips-paying-120027516.html

    The Dave Ramsey mortgage plan encourages homeowners to aggressively pay off their mortgages early, however. One recommendation Ramsey makes is to convert your 30-year mortgage into a fixed-rate ...

  7. Barbara Corcoran Reveals How Being a Bank Client Can ... - AOL

    www.aol.com/finance/barbara-corcoran-reveals...

    One mortgage point generally costs 1% of the total loan amount. So, if you took out a $200,000 mortgage, you could pay $1,000 upfront to reduce your mortgage rate by 0.5%.

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