Posts Tagged ‘mortgage payments’

Now that you’ve thought about some of the advantages of renting out your home, it’s just as important to consider some of the following disadvantages as well: Cons Two monthly housing payments Whether you buy your next home or you rent, you’ll have to worry about that monthly payment, plus the mortgage you’re paying on […]

For most homeowners, their mortgage loan payment is the largest bill they’ll have coming in every month. Because traditional mortgage loans will also usually mean 30 years of monthly mortgage loan payments, it can be difficult to anticipate how life will change. What may have once been affordable may no longer be the case—for example, […]

Homeownership is a common goal shared by many, and if you’ve been working towards making that dream a reality, it can be difficult to determine when the time is right. Some people realize that they might be better off waiting on buying a home, and some even come to the conclusion that homeownership just isn’t […]

Homeownership is a common goal shared by many, and if you’ve been working towards making that dream a reality, it can be difficult to determine when the time is right. Some people realize that they might be better off waiting on buying a home, and some even come to the conclusion that homeownership just isn’t […]

Your monthly mortgage payment is based on a lot of different factors. Some of these things include the cost of the home, how much you’re borrowing, how big your down payment is, the terms of your mortgage (including your interest rate), and the county you’re buying a home in. Understanding the different fees that make […]

When you’re behind on your mortgage payments, you risk losing your home to foreclosure. The quicker you take action, the better your odds will be for a favorable outcome. Here’s what you can do if you’ve missed mortgage payments: Take the initiative  If it hasn’t happened already, don’t wait until your mortgage lender begins contacting […]