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How Does The Interest Rate Factor In Securing A Mortgage Loan?
http://bucket.wistia.com/medias/gfr0ncj3y6?embedType=async&videoFoam=true&videoWidth=640 As you’ll see in the video, a lower interest rate allows you to borrow more money than a high rate with the some monthly payment. Interest rates can fluctuate as you shop for a...
What Factors Affect Mortgage Payments?
http://bucket.wistia.com/medias/ktpbpz19hu?embedType=async&videoFoam=true&videoWidth=640 Well, as this story shows, the amount of the down payment the size of the mortgage loan, the interest rate the length of the repayment term and payment schedule will all affect...
What Is Included In A Monthly Mortgage Payment?
http://bucket.wistia.com/medias/gwtlcqdfe0?embedType=async&videoFoam=true&videoWidth=640 The monthly mortgage payment mainly pays off principal and interest. But most lenders also include local real estate taxes homeowner's insurance, and mortgage insurance, if...
How Large A Down Payment Do I Need?
http://bucket.wistia.com/medias/frbgn8y477?embedType=async&videoFoam=true&videoWidth=640 There are mortgage options now available that only require a down payment of 5% or less of the purchase price. You’ll see some pictures in this video to help you remember later -...
Can I Pay Off My Loan Ahead Of Schedule?
http://bucket.wistia.com/medias/gp6xim8u7k?embedType=async&videoFoam=true&videoWidth=640 Usually, Yes. Like the guy in the video says, by sending in extra money each month or making an extra payment at the end of the year you can accelerate the process of paying off...
What Are The Advantages Of 15- And 30-Year Fixed-Rate Mortgages?
http://bucket.wistia.com/medias/3offncsam4?embedType=async&videoFoam=true&videoWidth=640 For both, as we show you in this video, compared with other options, with fixed rates, housing costs won’t be affected by interest rate changes and inflation. With A 30-Year...