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2. The Quick Way to Determine Your House Payment - AOL

   www.aol.com/news/2013-02-25-calculate-house...

   Using the above example, let's say you're trying to weigh how much house payment you can afford with other monthly obligations: A car lease payment for $300 per month and $80 per month in credit ...

3. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators are frequently on for-profit websites, though the Consumer Financial Protection Bureau has launched its own public mortgage calculator. [ 3 ] : 1267, 1281–83 The major variables in a mortgage calculation include loan principal, balance, periodic compound interest rate, number of payments per year, total number of payments ...

4. Amortization calculator - Wikipedia

   en.wikipedia.org/wiki/Amortization_calculator

   An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process. [ 1 ] The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

5. Average monthly mortgage payment - AOL

   www.aol.com/finance/average-monthly-mortgage...

   Note: To calculate the monthly principal and interest payment, we assume a 30-year mortgage at a fixed 6.9 percent interest rate and a 20 percent down payment. Home price Loan size

6. Say goodbye to the 20% down payment. Zillow says you ... - AOL

   www.aol.com/finance/goodbye-20-down-payment...

   In Los Angeles, a median-income household would need to put roughly 80% down to afford a typical home and its monthly payments in the city, according to Zillow. Say goodbye to the 20% down payment.

7. Housing affordability index - Wikipedia

   en.wikipedia.org/wiki/Housing_Affordability_Index

   A value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index above 100 signifies that family earning the median income has more than enough income to qualify for a mortgage loan on a median-priced home, assuming a 20% down payment and a qualifying ratio of 25%.