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“There are 115 loans (15.6% by balance) that have 40-year terms to maturity, one of which is a 40-year fully amortizing fixed-rate loan and the remaining loans have 10-year interest-only features with subsequent 30-year amortizations. We…
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3: Pre-qualified, pre-approved You should determine how much you can spend on a home even before you start your search. Getting pre-qualified for a mortgage is a great way to do that. All you have to do to get pre-qualified is provide your…
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This home affordability calculator will help you not only determine your home affordability but shows which expenses you will need to keep in mind when budgeting your mortgage payments. Generally, the percentage of income that you should…
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