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  2. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    Loan type. Minimum credit score. Conventional loans. 620. FHA loans. 580 with 3.5% down payment, 500 with 10% down payment. VA loans. No minimum requirement, but generally 620

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

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

    Once you get into that 15-year-mortgage, increase your payments, if possible, to pay it off in, say, 10 years. Or, if refinancing your 30-year mortgage isn’t feasible, pay toward your mortgage ...

  4. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    However, seniors may find it harder to qualify for a new home loan if they have a limited income, existing mortgage or other debt. We often think of homebuyers as young people: newlyweds, couples ...

  5. How 1 Extra Mortgage Payment a Year Helps Pay Off Your Home ...

    www.aol.com/finance/one-extra-mortgage-payment...

    If you make an extra monthly payment of $1,879 each December, you’ll pay off your 30-year mortgage almost five years ahead of schedule and net about $60,000 in interest savings in the process ...

  6. 15-year vs. 30-year mortgage: Which is right for you? - AOL

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

    Even with a lower rate, though, your monthly payments will almost always amount to less with a 30-year mortgage compared to a 15-year mortgage. 15-year vs. 30-year mortgage example. The cost ...

  7. What's the 10/15 rule and does it really help you pay off ...

    www.aol.com/finance/whats-10-15-rule-does...

    By applying the 10/15 rule, your average payment each month would amount to $2,290 — an extra $690 — but your mortgage would be paid off in just over 13-and-a-half years and you’d save over ...

  8. Paying Extra on Your Mortgage Can Go a Long Way

    www.aol.com/news/2012-12-12-paying-extra-on-your...

    By Colin Robertson Mortgages can be viewed very differently. Some see them as a positive financial instrument, a way to free up their money so it can be invested elsewhere, ideally for a better ...

  9. How Much House Can I Afford on a $75K Salary? - AOL

    www.aol.com/much-house-afford-75k-salary...

    Since current mortgage rates are now over 6.5%, he gave an example of a 30-year loan with 7% interest. ... According to Zillow, the median U.S. home value is $339,084, which is well above even the ...

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