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 ...

Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...

Your payment is calculated based on your chosen interest rate and repayment period. The type of loan (interest-only or amortizing) will determine the loan payment formula and how interest is ...

Many homeowners use adjustable-rate mortgages to finance their homes. The advantage of ARMs is that their rates can be lower than you'd pay on fixed-rate mortgages. However, ARMs have a couple of ...

Need cash now? Use our Personal Loans Tool to lock in great offers in minutes! Calculating the interest rate on a personal loan can be difficult. Most lenders use simple interest rather than compound ...

Aly J. Yale is a contributor at Buy Side and an expert on real estate, mortgages, investing and home renovations. Location may be everything in real estate as the saying goes, but with rates these ...

When you consider taking out a loan, it’s important to make sure you can afford the payments. Unfortunately, calculating repayment on some loans may involve complex interest calculations. But personal ...

Many homeowners use adjustable-rate mortgages to finance their homes. The advantage of ARMs is that their rates can be lower than you'd pay on fixed-rate mortgages. However, ARMs have a couple of ...