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2. Guide to no-down payment mortgages: Am I eligible? - AOL

   www.aol.com/finance/no-down-payment-mortgage...

   These loans don’t require a down payment, but there’s an upfront guarantee fee of 1 percent of the principal loan amount, as well as an annual fee of 0.35 percent, which you can roll into the ...

3. This is how much money you need to earn annually to ... - AOL

   www.aol.com/finance/much-money-earn-annually...

   Yet some lenders may be willing to approve you for certain loan programs with a FICO Score as low as 500. ... Mortgage interest rates impact your monthly loan payment and the amount of interest ...

4. Low-income loans: Personal loans for a tight budget - AOL

   www.aol.com/finance/low-income-loans-personal...

   Your DTI is calculated by dividing the sum of your monthly debt payments by your total monthly gross income. Lenders like DTIs at or below 36 percent, though some lenders will accept DTIs up to 50 ...

5. Graduated payment mortgage loan - Wikipedia

   en.wikipedia.org/wiki/Graduated_payment_mortgage...

   A graduated payment mortgage loan, often referred to as GPM, is a mortgage with low initial monthly payments which gradually increase over a specified time frame. These plans are mostly geared towards young people who cannot afford large payments now, but can realistically expect to raise their incomes in the future.

6. How to buy a house with low income - AOL

   www.aol.com/finance/buy-house-low-income...

   Fannie Mae’s HomeReady mortgage program addresses one of the challenges of buying a home with a low income by requiring just 3 percent of the home’s price as a down payment. With this loan ...

7. 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 ...