Rank: 73 / 1400

9 selected articles

Mortgage Interest Tax Deductions

Your Mortgage Interest Deductions

Under the current tax code, mortgage interest on first and second homes is generally deductible as long as these loans total less than $1.1 million, making homeownership one of the best ways to trim your tax bill. The examples below illustrate how the mortgage income tax deduction affects the after-tax homeownership.

Homeowner Profile


Read more

Date: 2010-05-11 17:14:09

Related topics : home equity interest deduction limit / interest car loan tax deductible / interest home equity loan deductible / interest home equity loan tax deductible / interest on home equity loans is tax deductible for consumers

Extra Payment Calculator - Amortization Schedule

Loan Balance

Final Summary

If your current rate on a 30-year fixed loan is 7.000%, would you like to see if you can get it lower ?

Term of the loan: 30 Years | Loan amount: $100,000.00 | Interest rate: 7.000%


Read more

Related topics : amortization loan calculator extra payment / mortgage loan rate of interest / loan calculator payment schedule / home loan rate interest / interest rates loan

National Monthly Average Mortgage Rates * 2014

Source: (1) Freddie Mac, (2) HSH Associates, (3) Federal Housing Finance Board

(1) Federal Home Loan Mortgage Corporation's (Freddie Mac) Weekly Primary Mortgage Market Survey (PMMS), Monthly Average Values. National average rates on conventional, conforming, 30- and 15-year fixed and 1-Year CMT-indexed adjustable rate mortgages. Starting from January 2005, 5/1 hybrid ARM rates are available.

Each week Freddie Mac surveys 125 lenders and the mix of lender types (thrifts, commercial banks...

Read more

Related topics : commercial mortgage loan interest rates / mortgage loan rate of interest / commercial loan mortgage rates / mortgage rate home loan / mortgage loan rates 2014

Managing Your Mortgage: What To Do When You Default On ...


Acquiring your first home, or a larger one to meet growing family needs, usually focuses all of your attention on accumulating the down payment and qualifying for the financing on the property you have selected. There is a sense of relief when the loan is finally closed and you have settled in the house. It will not take long, however, before you will have to face the financial...

Read more

Date: 2010-05-11 17:16:45

Related topics : mortgage loan home equity / equity loan mortgage lenders / loan home mortgage / second loan mortgage / equity loan mortgage

Loan Application Checklist - Mortgage-X

This is a list of documents most lenders will require in order to process your mortgage application.

Verification of income

Earnings statements: W-2 forms, recent pay stubs and tax returns for the past two years;

If you are self-employed: profit and loss statements and tax returns for current year and previous two years;

Additional income: social security, overtime bonus, commission, interest income, veteran's benefits and so on.

Verification of your assets

List of bank account numbers, the address of your bank branch, checking and savings account statements for the previous 2-3 months;

List of savings bonds, stocks or investments and their...

Read more

Date: 2013-02-12 15:04:54

Related topics : mortgage student loan debt / student loan debt credit card / debt student loan / loan lender no credit check / student loan credit check

Biweekly Payment – Mortgage Calculator

Interest Rate Trends

Biweekly Payment Calculator

The calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of...

Read more

Related topics : loan payment calculator mortgage / loan calculator payment every 2 weeks / mortgage loan rate of interest / loan calculator payment amount / loan mortgage rate calculator

Mortgage Rate Trend Survey ~ Will Mortgage Rates Rise or Fall?

The Mortgage Rate Trend Survey summarizes where mortgage professionals think mortgage rates are headed in the future. To conduct this survey, Mortgage-X asks more than 250 experts in the mortgage field about their expectations for the mortgage market.

Over the next 30 days:

Over the next 90 days:

rates will rise significantly: 0.0%

rates will rise significantly: 6.9%

rates will rise slightly:...

Read more

Related topics : mortgage loan rates trend / mortgage loan rates current / mortgage loan rate of interest / mortgage rate home loan / equity loan mortgage rates

Mortgage Calculators: Amortization Tables, Loan Balance ...

Would you like to see amortization tables for your loan?

Yes, but only yearly amortization table.The interest and principal

paid during the year, the remaining...

Read more

Date: 2014-03-13 20:36:01

Related topics : amortization loan table / amortization loan calculator / amortization loan / calculating loan interest / interest loan calculator

Loan Documentation Requirements: Easy Doc, No Doc Loans

Full Doc, Easy Doc and No Doc Loans

Full Doc Loans

With this kind of loan all income and assets are documented.

Income is documented using paystubs and W-2s for salaried borrowers. Self-employed borrowers use federal tax returns to verify income. The Loan Application Checklist covers most supporting documents you and any co-borrower will need to supply. Once you apply, a lender provides you with...

Read more

Date: 2010-05-13 17:01:43

Related topics : no credit loan / easy loan / bank loan interest rates / mortgage loan rate of interest / interest rates loan