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2. When is my first mortgage payment due? - AOL

   www.aol.com/finance/first-mortgage-payment-due...

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3. How to pay a mortgage: 5 ways to pay on time - AOL

   www.aol.com/finance/pay-mortgage-5-ways-pay...

   Keep in mind that most mortgage payments are due on the first of the month. You might also choose to get ahead by prepaying your mortgage . This strategy has the added benefit of reducing your ...

4. Principal balance - Wikipedia

   en.wikipedia.org/wiki/Principal_balance

   The principal balance, in regard to a mortgage, loan, or other debt financial contractual agreements, is the amount due and owed to satisfy the payoff of an underlying obligation. It is distinct from, and does not include, interest or other charges.

5. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   Mortgage payments, which are typically made monthly, contain a repayment of the principal and an interest element. The amount going toward the principal in each payment varies throughout the term of the mortgage. In the early years the repayments are mostly interest. Towards the end of the mortgage, payments are mostly for principal.

6. 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.. 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.

7. Who pays closing costs, the buyer or the seller? - AOL

   www.aol.com/finance/pays-closing-costs-buyer...

   Homeowners insurance: Buyers will likely be required to take out a home insurance policy as well, with the first premium payment (or sometimes more) due at closing. If several months of payments ...