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2. How to lower your mortgage payment

   www.aol.com/finance/lower-mortgage-payment...

   To get a lower mortgage payment, you’ll need to focus on modifying the principal, interest, taxes or insurance you pay. ... 30-year mortgage with a 6 percent interest rate. Your current monthly ...

3. 6 ways to get the lowest rate on your next mortgage - AOL

   www.aol.com/finance/how-to-get-best-mortgage...

   For example, if you borrow $400,000 at 3% APR instead of 6% (with no PMI), your monthly payments will be $712 lower and you'll pay $256,245 less in interest over 30 years. 4. Reconsider the cosigner

4. Mortgage loan modification: What it is and how to get one - AOL

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   Cut the interest rate: With a lower rate, you’ll have lower monthly mortgage payments and save on interest in the long run. Extend the repayment period: Lengthening the loan term lowers your ...

5. Discount points - Wikipedia

   en.wikipedia.org/wiki/Discount_Points

   Borrowers can offer to pay a lender points as a method to reduce the interest rate on the loan, thus obtaining a lower monthly payment in exchange for this up-front payment. For each point purchased, the loan rate is typically reduced by anywhere from 1/8% (0.125%) to 1/4% (0.25%). [1] [2]

6. What is a down payment? - AOL

   www.aol.com/finance/down-payment-180952544.html

   Lower lifetime interest charges: Those smaller monthly payments add up to significant savings in the long run. In that $400,000 home example, a 20 percent down payment would save more than $78,000 ...

7. What are the monthly payments on a $400,000 mortgage? - AOL

   www.aol.com/finance/400000-mortgage-payment...

   Mortgage points are like discounts you can buy up front to lower your overall interest rate and monthly payments. Each point typically costs 1% of your loan amount and lowers your rate by 0.25%.