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2. 13 Tips On How To Get Preapproved for a Mortgage - AOL

   www.aol.com/13-tips-preapproved-mortgage...

   “Start saving early and aim to have at least 20% of the home’s purchase price for a down payment.” Additionally, having 20% down will typically prevent the need to take out private mortgage ...

3. 16 first-time homebuyer mistakes to avoid - AOL

   www.aol.com/finance/16-first-time-homebuyer...

   While a 20 percent down payment does help you avoid mortgage insurance, many buyers today don’t want to (or can’t) put down that much money. In fact, the typical down payment on a home was 8 ...

4. How to get a mortgage - AOL

   www.aol.com/finance/mortgage-180956822.html

   “Saving for a down payment is crucial so that you can put the most money down — preferably 20 percent to reduce your mortgage loan, qualify for a better interest rate and avoid having to pay ...

5. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators can be used to answer such questions as: If one borrows $250,000 at a 7% annual interest rate and pays the loan back over thirty years, with $3,000 annual property tax payment, $1,500 annual property insurance cost and 0.5% annual private mortgage insurance payment, what will the monthly payment be? The answer is $2,142.42.

6. How to get preapproved for a mortgage - AOL

   www.aol.com/finance/preapproved-mortgage...

   In general, lenders like to see a mortgage payment taking up no more than 28 percent of your gross monthly income and your total debt payments (which include credit cards, car loans and other ...

7. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   A down payment or first-time homebuyer grant is essentially free money to help you cover your down payment or closing costs. The grants are usually awarded to low- or moderate-income borrowers ...