Articles for category: Mortgage

Richard Peterson

How to Pay Off a Mortgage Fast

How to Pay Off a Mortgage Fast

If you’re interested in how to pay off your mortgage fast, then there are several ways that you can accomplish this. You can refinance your home, pay more than the minimum monthly payments, and even rent out a room or invest in a portfolio account. Make extra payments Paying off a mortgage faster can save ...

Richard Peterson

What Can I Afford Mortgage?

What Can I Afford Mortgage?

There are several things that you can do to ensure that you are able to afford a mortgage. This includes prequalifying for a loan and knowing how much you can afford. You can also consider estimating property taxes and insurance. Prequalifying for a mortgage Prequalifying for a mortgage loan is a critical step for home ...

Richard Peterson

How to Pay Off Your Mortgage Faster

How to Pay Off Your Mortgage Faster

When you want to pay off your mortgage faster, it is important to make a few changes in your life. You can do this by making biweekly payments, adding extra to your monthly payment, and refinancing your mortgage. Refinance your mortgage Mortgage refinancing is a great financial tool for homeowners who are looking to pay ...

Richard Peterson

What Is My Mortgage Payment?

What Is My Mortgage Payment?

If you’re thinking about buying a home, it’s important to know how much your mortgage payment will be. There are many factors to take into consideration, such as interest rate, principal, and escrow account. The more information you have about your mortgage, the better off you’ll be in the long run. Principal If you’re looking ...

Richard Peterson

How Much Can I Get Approved For Mortgage?

How Much Can I Get Approved For Mortgage?

There are many different steps in the process of getting approved for a mortgage, and a lot of them can be done online. One of the things you want to consider is whether you’ll need to have a down payment in order to get a loan. And another thing is how much you’ll be able ...

Nanci Altman

How to Figure Out Mortgage Payment

How to Figure Out Mortgage Payment

Whether you’re a first time home buyer or an experienced buyer looking to refinance, you’ll want to learn how to figure out your mortgage payment. You’ll want to choose a loan term, decide how much you want to put down, and consider a variety of other factors that will affect your monthly payments. Calculating monthly ...

Nanci Altman

How Much Income Needed For 200k Mortgage?

How Much Income Needed For 200k Mortgage?

If you want to buy a home with a mortgage that is at least $200k, you will need a good amount of money. Most people don’t have this much money and it can make the process of buying a house a very difficult one. However, there are a few things you can do to increase ...

Nanci Altman

How Much Of Income Should Go To Mortgage Payments?

How Much Of Income Should Go To Mortgage Payments?

If you want to buy a home, you should ask yourself how much of your income should go towards mortgage payments. This will help you determine how much you should pay for a house, and how much you can afford to spend. Calculating your debt-to-income ratio The debt-to-income ratio is a critical factor in the ...