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2. How to calculate loan payments and costs - AOL

   www.aol.com/finance/calculate-loan-payments...

   Multiply that figure by the initial balance of your loan, which should start at the full amount you borrowed. For the figures above, the loan payment formula would look like: 0.06 divided by 12 ...

3. How much house can I afford? Here’s how to do the math. - AOL

   www.aol.com/finance/much-house-afford-math...

   Assuming a 30-year fixed-rate mortgage with a 5.795% interest rate, along with property taxes and PMI totaling $475 per month, the maximum affordable home price would be $329,728.

4. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   4%. Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [2]

5. How to get a mortgage - AOL

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

   Step 2: Know what you can afford. One way to determine how much house you can afford is to figure out your debt-to-income (DTI) ratio. The DTI ratio is calculated by summing up all of your monthly ...

6. Amortization calculator - Wikipedia

   en.wikipedia.org/wiki/Amortization_calculator

   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 to calculate interest on a loan: Tools to make it easy

   www.aol.com/finance/calculate-interest-loan...

   Here’s how to calculate the interest on an amortized loan: Divide your interest rate by the number of payments you’ll make that year. If you have a 6 percent interest rate and you make monthly ...