Choosing whether to recast depends on how large of a payment you can make and whether you want a lower monthly payment or an ...

Though home prices inched up last month, mortgage rates have significantly improved. Here's what monthly payments now look like in the country's largest housing markets.

A monthly mortgage payment actually consists of several things. It includes the principal and interest on the loan, as well as additional items held in escrow accounts, such as homeowners ...

Use this calculator to figure out what you will pay each month for your mortgage — the amount ... or use the slider. Your monthly payment will appear on the right. That monthly payment includes ...

The purpose of PMI is to protect the lender – not you. PMI premiums increase your monthly mortgage payment, and that reduces what you can afford to spend for a home. Money that you could ...

Homebuyers faced worsening affordability conditions in January as the median monthly mortgage payment for purchase applicants increased to $2,205, a 3.7% jump from December’s $2,127, according ...

If you purchase a home with a down payment of less than 20%, you may have to include private mortgage insurance in your monthly payment. Lenders tend to consider borrowers who make smaller down ...