5 articles with this tag
A practical closing-cost guide for buyers: the difference between lender fees, third-party fees, prepaids, and cash to close, plus how Loan Estimates and Closing Disclosures should be used.
A practical guide to home affordability: why lender approval is not the same as a safe housing budget, what to include beyond principal and interest, and how to test your real monthly comfort level.
A practical rent-versus-buy guide: how to compare the all-in cost of owning with the real cost of renting, and why rates, closing cash, maintenance, and flexibility matter as much as price.
A practical mortgage-payment guide: the principal-and-interest formula, how PITI works, and why taxes, insurance, and PMI can matter as much as the loan rate.
A practical mortgage primer: what principal, interest, escrow, amortization, and mortgage insurance actually mean, and which parts matter most when comparing loan offers.
