Savings Corner

DECEMBER 27, 2023

“Amortization” is a word for the way debt is repaid in a mortgage, where each monthly payment is the same (excluding taxes and insurance). This information is viewed on an “amortization schedule” — a table that breaks down each payment month by month. In any given month, how much you still owe.

Calculators 52

Calculators Homeowner Insurance Debt Property Taxes 52

Savings Corner

DECEMBER 25, 2023

Each payment includes a combination of principal and interest, as well as property taxes, and, if needed, mortgage insurance. Homeowners insurance may be included, or the homeowner may pay the insurer directly.) A mortgage is set up so you pay off the loan over a specified period called the term.

Re-use 52

Re-use Economy Homeowner Insurance Insurance 52

Savings Corner

APRIL 4, 2024

Don’t forget that removing someone from a mortgage doesn’t remove them from the deed of the home, which may require filing a legal document called a quitclaim deed (check your state’s property laws for guidance). To get rid of FHA mortgage insurance. Where do I find more information on mortgage refinancing?

Calculators 40

Calculators Refinancing Insurance Homeowner Insurance 40

Savings Corner

DECEMBER 25, 2023

You’ll need just seven pieces of information to use our Rent vs. Buy Calculator, things you may already know or have been tossing around in your mind: To make things easy, we made a number of assumptions about other typical costs that factor into this calculation. It takes into account typical spending on home renovations and maintenance.

Rent 52

Rent Calculators Property Taxes Buy 52