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Mortgage Professor about mortgage payments: | |||||||||||||||||||||||
Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for. 1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more... Mortgage Prepayment by Doubling Principal 20 September 2004 "I have been advised that I can cut the life of my mortgage in half by making an extra payment to principal each month equal to that month?s principal payment. Is this true?" I have been asked this question many times and have always answered it in ... more... |
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mortgage payments related definitions |
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Bi-Weekly Mortgage
Bi-Weekly Mortgage A mortgage which requires 1/2 the normal monthly payment every two weeks. Over the course of the year, 26 half payments are made which is equivalent to 13 full mortgage payments. As a result of this extra ... more... Reverse Mortgage Reverse Mortgage, Reverse Annuity Mortgage, RAM A form of mortgage in which the lender makes periodic payments to the borrower using the borrower's equity in the home. A mortgage used by the elderly that provides income as a way of converting their home equity into a ... more... |
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More about mortgage payments Fixed-To-Adjustable-Rate-Mortgage Refinancing Your Mortgage Can Open Up A Lot Of Options For You And Your Family Debt Consolidation Mortgage Loan - Pros and Cons Mortgage Info You Can Actually Understand! Do Your Homework - Find the Mortgage That Fits Your Lifestyle and Your Budget What's The Truth Behind Your Finances? Interest Only Mortgage? Consider a Graduated Payment Mortgage A Critical Guide to Home Loans: Your Options and How They Affect Your Future Mortgage Glossary - A Glossary of Mortgage Terms You Should Know The 5 Secrets You Must Uncover to Pay Off Your Mortgage in the Shortest Possible Time
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