When it comes to your monthly mortgage payment, you're not just paying off the sticker price of the home. Your payment typically covers the principal and interest, taxes, and insurance -- together ...

Equity is the difference between your home’s value and your remaining mortgage balance Written By Written by Contributor, Buy Side Mary Beth Eastman is a contributor to Buy Side and finance expert, ...

Chris Jennings is formally a writer and editor with more than seven years of experience in the personal finance and mortgage space. He enjoys simplifying complex mortgage topics for first-time ...

Mortgage calculator apps can help you see the impact of different loan amounts, interest rates and payment terms in seconds. Whether you’re looking for a mortgage budget app to see what you can afford ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Vice President of ...

It pays off to truly understand the value of being a homeowner, especially when money's tight. Rather than resorting to taking out personal loans or racking up credit card debt, you can consider ...

When you take out a loan from a bank, it is typically an installment loan -- that is, a loan you pay off in several installments. Depending on your credit history, you may be required to keep a ...

The line above displays the totals at the end of your mortgage term. At this time, you will renew your mortgage and choose among the rates that are available. When you use an amortization calculator, ...