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2. How to refinance your ARM into a fixed-rate mortgage - AOL

   www.aol.com/finance/refinance-arm-fixed-rate...

   For example, if you secured a 5/1 ARM at 4.5% five years ago on a $400,000 mortgage, your monthly payment could soon jump from $2,027 to around $2,661 — an extra $634 each month.

3. Prepaying your mortgage: What is it and should I do it? - AOL

   www.aol.com/finance/prepaying-mortgage-152800578...

   For example, if your loan’s minimum payment is $2,000, you can set up a monthly payment of $2,200. Each month, the extra $200 will pay down your loan’s principal and help you pay it off more ...

4. When should you refinance your mortgage? - AOL

   www.aol.com/finance/when-to-refinance-mortgage...

   30-year loan term — monthly payment. Total interest paid over life of 30-year term. 15-year loan term — monthly payment. Total interest paid over life of 15-year term. 5.00%. $1,640.46 ...

5. How to buy a house with bad credit - AOL

   www.aol.com/finance/buy-house-bad-credit...

   Minimum credit score requirements can vary depending on the loan program and they may differ from lender to lender as well. ... could cost you an extra $377 per month on your mortgage payment ...

6. Looking to refinance your FHA mortgage? Make it easier and ...

   www.aol.com/finance/looking-refinance-fha...

   The credit-qualifying route is required in certain circumstances, such as when you want to remove a borrower from the mortgage or if changing the repayment term will increase your payments by more ...

7. Adjustable-rate mortgage - Wikipedia

   en.wikipedia.org/wiki/Adjustable-rate_mortgage

   A cash flow ARM is a minimum payment option mortgage loan. This type of loan allows a borrower to choose their monthly payment from several options. These payment options usually include the option to pay at the 30-year level, 15-year level, interest only level, and a minimum payment level.