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  2. How does a condo mortgage work? - AOL

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

    How to get a condo mortgage loan. ... 620 minimum credit score. Debt-to-income (DTI) ratio of no more than 36 percent. Condo unit must be your primary residence. FHA loan.

  3. How much money do you need to buy a house? 6 costs to ... - AOL

    www.aol.com/finance/much-money-buy-house-6...

    Bankrate’s mortgage calculator can help you figure out how much you’ll owe each month. For example, if you borrow $240,000 and finance it with a 30-year, fixed-rate mortgage at 7 percent, you ...

  4. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    Mortgage calculators are frequently on for-profit websites, though the Consumer Financial Protection Bureau has launched its own public mortgage calculator. [ 3 ] : 1267, 1281–83 The major variables in a mortgage calculation include loan principal, balance, periodic compound interest rate, number of payments per year, total number of payments ...

  5. Flexible mortgage - Wikipedia

    en.wikipedia.org/wiki/Flexible_mortgage

    The term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first appeared in Australia in the early 1990s (hence the US term Australian mortgage ), however it did not gain popularity until the late 1990s.

  6. Amortization calculator - Wikipedia

    en.wikipedia.org/wiki/Amortization_calculator

    An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process. [ 1 ] The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

  7. Getting prequalified usually doesn't negatively affect your credit score. Mortgage prequalification gives you a basic estimate of the loan amount a lender might extend you to help finance a house ...

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