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2. How to write a letter of explanation for a mortgage - AOL

   www.aol.com/finance/write-letter-explanation...

   Sample letter of explanation While the exact content of your letter depends on your circumstances, you can use this sample letter of explanation to a mortgage lender as a template: Date

3. Your mortgage statement explained - AOL

   www.aol.com/finance/mortgage-statement-explained...

   Mortgage statements are typically issued once a month via mail. You can also find them on your lender’s or servicer’s website. You might be able to receive them electronically, but it may be ...

4. Loan receivable - Wikipedia

   en.wikipedia.org/wiki/Loan_receivable

   Loan receivable is a banking term for an asset account that shows amounts owed by borrowers. The lender's ledger details all unpaid amounts from borrowers. Loans receivable are handled logically and transparently, like other accounting processes. [1] The balance sheet shows loans receivable as current assets if they are repaid within one year ...

5. 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 ...

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. How long should I keep mortgage statements and documents? - AOL

   www.aol.com/finance/long-keep-mortgage...

   While you can discard monthly mortgage statements, it's important to keep all mortgage documents, such as the promissory note, deed of trust and proof of title insurance, for the life of the loan.