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  2. Good faith estimate - Wikipedia

    en.wikipedia.org/wiki/Good_faith_estimate

    This makes it easier to compare the charges a loan applicant receives on the good faith estimate to the HUD-1. 800 ITEMS PAYABLE IN CONNECTION WITH LOAN: 801 - Loan Origination Fee; This fee is a charge for originating or creating the loan 802 - Loan Discount

  3. What is a closing disclosure? - AOL

    www.aol.com/finance/closing-disclosure-190005117...

    Ensure that the loan amount and description match the loan estimate. Double-check the loan type, interest rate , monthly payment and other terms. Confirm you understand all the costs and fees, and ...

  4. How to read and compare mortgage loan estimates - AOL

    www.aol.com/finance/read-compare-mortgage-loan...

    The final page of the loan estimate lists more important details of your mortgage agreement, like the names of the lender and the loan officer, plus three key figures you can use for comparison ...

  5. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    The fixed monthly payment for a fixed rate mortgage is the amount paid by the borrower every month that ensures that the loan is paid off in full with interest at the end of its term. The monthly payment formula is based on the annuity formula. The monthly payment c depends upon: r - the monthly interest rate. Since the quoted yearly percentage ...

  6. Fixed-rate mortgage - Wikipedia

    en.wikipedia.org/wiki/Fixed-rate_mortgage

    A fixed-rate mortgage (FRM) is a mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or "float". As a result, payment amounts and the duration of the loan are fixed and the person who is responsible for paying back the loan benefits from a ...

  7. Personal loan vs. home equity loan: Which should you use for ...

    www.aol.com/finance/personal-loan-vs-home-equity...

    The short terms on personal loans can eat into your monthly budget, especially if you’re applying for a loan close to $50,000 or $100,000. When do I need the money?

  8. Net effective rent - Wikipedia

    en.wikipedia.org/wiki/Net_effective_rent

    In this case the actual rental period is 13 months. If the lease rate is $1,500/month, the so-called face rent, then the total rent paid by the tenant will be 1,500 x 12 = $18,000. Over the 13-month period, this means the net effective rent is $1,385/month. Similar tenant inducements are often applied to large retail and industrial units as ...

  9. Imputed rent - Wikipedia

    en.wikipedia.org/wiki/Imputed_rent

    Imputed rent is the rental price an individual would pay for an asset they own. The concept applies to any capital good, but it is most commonly used in housing markets to measure the rent homeowners would pay for a housing unit equivalent to the one they own. Imputing housing rent is necessary to measure economic activity in national accounts ...

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