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Are Mortgage Refinance and Prepayment Alternatives?
April 9, 2001, revised October 9, 2002 " I have a mortgage balance of $80,000 on a 30 year 8% loan that I took out 5 years ago.  I have been adding $1,000 to my monthly payment, which will pay off the loan in another 6 years.  I have enough investments to pay off ... more...

Interest-Only Mortgage Tutorial
Here is what you will learn in this tutorial: 1. What is an interest-only mortgage? 2. For what types of borrowers is it suitable? 3. What are the hazards you should watch out for? 4. What information do you need to assess an IO mortgage? 5. How ... more...

repayment calculator related definitions

Prepayment Penalty
Prepayment Penalty Money charged for an early repayment of debt. Prepayment penalties are allowed in some form (but not necessarily imposed) in many states. Prepayment Penalty makes refinancing less beneficial within a set time period, usually 3 or 5 years. Loans with ... more...

Mortgage Note
Mortgage Note A written negotiable promise (agreement) to pay a sum of money plus interest at a set interest rate. The note is secured by a mortgage. In turn, mortgage is secured by property. Mortgage note states the amount of debt and the rate of interest, and makes the ... more...

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Get Free repayment calculator Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Refinance Mortgage Rate Calculators - Valuable Tools For Getting The Best Loan
Are you looking for some inside information on refinance mortgage rate calculators? Here's an article that can help provide information for you to find the best rates for your mortgage.Refinancing is a smart move if you want to lower your monthly payment and overall interest on your bills. With ... more...

Mortgage Calculator Hopes: The American Dream
A family and a home of my own. These are the dreams of millions of little girls. The harsh reality of adulthood can push those dreams done. Many times it's just because there seems no way. A mortgage calculator can crunch the numbers fast and show what it really takes to into a home. Savings, time ... more...

Get a Free Car Loan Calculator Online
With a car loan calculator you'll got a valuable tool. You can apply an auto loan calculator in three very useful ways; determine a car loans total costs determine your estimated monthly car loan payments find the right auto financing alternatives for you. A loan calculator is available for ... more...

Decision With A Mortgage Calculator: When To Foreclose?
One of the best places, you hope, to sink your capital for a good return is in real estate. However, when you provide the financing for someone to purchase their own home, your capital is tied to their ability to pay back the loan. If they start to miss payments, then you need to start considering ... more...

Free Mortgage Calculator - Use It To Attract Return Visitors To Your Site
Whether you have a payday loan site, a mortgage website, or a realty site, consider posting a free mortgage or loan calculator on your website. Often visitors will use your calculator and then bookmark the page and come back to it any time they need to do a calculation. This can get visitors to ... more...

Student Loan Consolidation 4 Key Benefits & 5 Characteristics To Help You Save Money
Student loan consolidation is a an easier repayment management option to combine all of the student loans you received to finance your college education into one loan with low interest and one repayment per month.Do you have several loans with different repayment terms and interest rates? You ... more...

Using a Calculator to Assess Your Loan
Buying a house is a very important step in your life. Every family dreams of having their own home and whether you are looking into your first, or are moving or upgrading your home, you know your mortgage is important. And when it comes to getting a mortgage, there is a lot of data to be calculated ... more...

Personal Loans for Unemployed: if Unemployment is a Financial Struggle
There is always a phase in everyones life called unemployment. The good news is that it is temporary. The bad news is that at times financial situation takes over and you are thinking of ways to fight it out. Fight it out? Why fight when you have personal loans for unemployed.You must have gone ... more...

UK Personal Loan Advice
Borrowing money is a big decision and not something that can be rushed into without thinking it through. Thats why most financial experts recommend you take the time to go through the advice section and answer the following questions.How much do I need to borrow and how much can I afford?What is a ... more...

Reverse Mortgage Calculator
Most seniors who are interested in learning more about the Reverse Mortgage process will often use a Reverse Mortgage Calculator. Most online reverse mortgage calculators require the current value of the home in question, the total amount of any liens on the property, the ages of any individuals on ... more...

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