Mortgage Basics, Ch. 3: Overcoming the down payment hurdle
Traditionally, lenders demanded 20 percent down. But today, there are more alternatives.
4 mortgages that require little money down
Homebuyers who can't scrape together a big down payment can still get a mortgage. Visit Bankrate.com to compare mortgage rates.
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Putting It Into Practice
Mortgage Rate Calculator - Should I Pay Loan Points Rate Calculator?
Paying points for a lower interest rate is a trade off between paying money now versus paying money later. A point - equaling 1% of the total loan amount - is an .
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In a fixed rate mortgage, the interest rate, and hence periodic payment, remains fixed for the life (or term) of the loan. Therefore the payment is fixed, although .
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