Category Archives: Mortgage Calculator

Mortgages For Muslims

From the Washington Post: The mortgage industry may be in meltdown, but at least one class of lender appears to be flourishing: Islamic finance companies that offer Muslim home buyers alternative arrangements such as lease-to-own deals so they can avoid … Continue reading

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How To Use The Mortgage Refinance Calculator

Saurabh Jain writes: March 13, 2008 You can use a mortgage refinance calculator to find out your savings if you switch to a new mortgage. The new calculator will help you determine whether the new plan that you are considering … Continue reading

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Home Mortgage

From the Washington Post: At minimum, buyers need enough cash for their down payment and closing costs. A 20 percent down payment is still the gold standard, even if it’s not common for first-time buyers in the Washington area. More … Continue reading

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What Mortgage Can You Afford?

From the Washington Post: Peter Hebert, mortgage broker at Allied Home Mortgage Capital in Ellicott City, said buyers should be cautious about the mortgage payment they take on. “If you’re going up to 50 percent — which we will do … Continue reading

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Stretching Old Formulas Can Take You to the Edge

From the Washington Post: Online calculators can give a ballpark idea of how much you can afford, but you shouldn’t rely on them to make your final decision, said Paul Cocozza, a certified financial planner in Arlington. “To me, that’s … Continue reading

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