Tag Archive for: loan term

How Different Loan Terms Affect Your Mortgage Payment

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Most future borrowers simply want to know what their payment will be. Typically the question comes in the form of “what is your rate today” but ultimately it boils down into how much will go toward the mortgage. Of course the main factor is indeed the interest rate, and loan terms.  A person’s gross monthly […]

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Choosing the Right Loan Term

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You’ll probably be surprised at the number of choices you have to make once you decide to buy and finance a home, and deciding on the right loan term is important. When searching for that perfect property there are several things to consider. Some buyers have certain requirements while others could care less about those […]

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