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2. Income requirements to qualify for a mortgage - AOL

   www.aol.com/finance/income-requirements-qualify...

   For example, if your gross income is $6,000 per month, your mortgage payment should be no more than $1,680 (28 percent of $6,000), and your total debt payments (including the mortgage) should max ...

3. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   HomeOne mortgage: This Freddie Mac-backed mortgage also allows for just 3 percent down with PMI, but is available only to first-time homebuyers. You won’t get your low-down payment conventional ...

4. What percentage of your income should go to a mortgage? - AOL

   www.aol.com/finance/percentage-income-mortgage...

   Plus, saving up for a down payment of at least 20 percent gets rid of the need for private mortgage insurance, which lenders consider as part of that monthly mortgage sum. Other considerations for ...

5. Does mortgage prequalification affect your credit score? - AOL

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

   A mortgage prequalification lets potential homebuyers know how big of a loan they can qualify for. Prequalification is faster and easier to get than preapproval. Getting prequalified usually doesn ...

6. 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 ]

7. 15-year vs. 30-year mortgage: Which is right for you? - AOL

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

   15-Year Or 30-Year Fixed Mortgage Calculator. You can crunch your own numbers with Bankrate’s 15-year or 30-year fixed mortgage calculator. ... Lower income qualifications, as you do not need to ...