Mortgage Calculators That Help You Make Better Home Financing Decisions

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  • 80:10:10

    80:10:10: 80:10:10 loans are a creative way to finance a home purchase. Borrowers who don't have a lot of cash prefer this arrangement, and since the payments are usually lower, it allows you to qualify for a larger mortgage. Using this type of loan, you pay 10% down, and then get one loan for 80% of the purchase price, thereby avoiding the expense of PMI, and a second loan for the remaining 10%.

  • 80:20

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