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  2. Can I qualify for a mortgage if I'm about to retire? - AOL

    www.aol.com/finance/qualifying-for-mortgage-in...

    For example, if you have $200,000 in an eligible retirement account and your mortgage term is 30 years, the math could look like this: Monthly income 🟰 70% of the account balance total loan ...

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

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

    Along with a smaller loan, consider a shorter loan — say, a 15-year mortgage instead of the benchmark 30-year. Yes, your monthly payments will be higher, but your interest rate will be lower.

  4. The Difference Between a Comfortable Retirement and Your ...

    www.aol.com/finance/difference-between...

    The data also covers the amount of money you need as savings to live comfortably for 20 years in retirement. ... $4,641.30. Comfortable retirement ... average 30-year fixed mortgage rate as ...

  5. The Silent Retirement Killer Draining Baby Boomer Savings - AOL

    www.aol.com/silent-retirement-killer-draining...

    30-Year Fixed Mortgage. 6.95%. Down 4 bps. 30-Year Fixed Refinance. 6.99%. Down 2 bps. 15-Year Fixed Refinance ... switching to a retirement community or senior living location may help remove ...

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

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

    Now, let’s say you get the same mortgage but at a 4% rate. On a 30-year term, you’d normally pay $1,146 per month, but with the 10/15 rule that amount would be $1,643 across 16 years and nine ...

  7. Do I Really Need a Retirement Plan at Age 30? - AOL

    www.aol.com/really-retirement-plan-age-30...

    When I was 30 years old, retirement wasn't exactly at the forefront of my mind. At 30, my priorities were making sure I could pay the mortgage on the house I'd just purchased and growing my career.

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