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2. A Guide to Property Taxes on Your Home - AOL

   www.aol.com/property-taxes-used-calculate-them...

   Apply the millage rate: The millage rate is 15 mills, which equal 1.5% for every $1,000 of assessed value. Calculate the property tax: 15/1000 x 500,000 = $7,500 The final property tax is $7,500.

3. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Since the quoted yearly percentage rate is not a compounded rate, the monthly percentage rate is simply the yearly percentage rate divided by 12. For example, if the yearly percentage rate was 6% (i.e. 0.06), then r would be / or 0.5% (i.e. 0.005). N - the number of monthly payments, called the loan's term, and

4. Debt-to-income ratio - Wikipedia

   en.wikipedia.org/wiki/Debt-to-income_ratio

   The two main kinds of DTI are expressed as a pair using the notation / (for example, 28/36).. The first DTI, known as the front-end ratio, indicates the percentage of income that goes toward housing costs, which for renters is the rent amount and for homeowners is PITI (mortgage principal and interest, mortgage insurance premium [when applicable], hazard insurance premium, property taxes, and ...

5. Fixed-rate mortgage - Wikipedia

   en.wikipedia.org/wiki/Fixed-rate_mortgage

   The fixed-rate mortgage was the first mortgage loan that was fully amortized (fully paid at the end of the loan) precluding successive loans, and had fixed interest rates and payments. Fixed-rate mortgages are the most classic form of loan for home and product purchasing in the United States. The most common terms are 15-year and 30-year ...

6. Housing tracker: A slowdown in the Southern California ... - AOL

   www.aol.com/news/housing-tracker-slowdown...

   The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according to Zillow, marking the fourth ...

7. AOL - Finance News & Latest Business Headlines - AOL.com

   www.aol.com/real-estate

   The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6.0% next year and help to boost new housing construction and stimulate demand for previously owned… NBC Universal 27 ...