Repayment Articles

1). The Need For Mortgage Guarantee Insurance By : David Gass
Explains the importance of mortgage guarantee insurance and how best to find a policy that suits you.
Article Related to: mortgage, insurance, guarantee, homeowner, real estate, payment, security, repayment, loan, credit

2). Glossary of common terms used during the mortgage process. By : Michael Challiner
APR - This stands for Annual Percentage Rate. It enables you to compare the full cost of the mortgage. Rather than just being an interest rate, it includes up front and ongoing costs of taking out a mortgage. The formula for calculating APR is set by Government Regulations and therefore enables direct comparison of the cost of mortgages. Capital and Interest Mortgage - This is when part of your monthly payment contributes to paying off the outstanding mortgage in addition to paying the interest on the mortgage.
Article Related to: mortgages, glossary, apr, interest, survey, variable, rate, repayment, equity

3). Adjustable Rate Mortgages vs. Fixed Rate Mortgages By : Joseph Kenny
Buying a home can be an exciting and stressful time for anyone. While you may be excited at the prospect of owning your own home, especially if it is your first home purchase, the idea of choosing between all of the many different types of mortgages may leave you feeling confused and apprehensive.
Article Related to: loans, mortgage, fixed, adjustable, secured, home, house, interest, debt, repayment, apr, loan

4). Variable Rate Mortgages – Setting The Standard By : Joseph Kenny
Here’s the first mortgage term you should learn – Standard Variable Rate, or SVR. This is the interest rate you will be paying on the total amount you are borrowing. It is usually expressed as a percentage, and is different from an APR (Annual Percentage Rate). An APR includes all costs associated with the loan, such as interest, fees, any compulsory insurances etc.
Article Related to: loans, home, secured, personal, options, offers, deals, interest, repayment

5). Making UK Mortgages More Accessible By : Joseph Kenny
Previously, in the UK, if you wanted to apply for a mortgage to buy a new home, the amount that would be lent to you would be automatically tied to how much money you earned. With runaway UK housing prices over the last decade, and with incomes remaining fairly stable, this method of calculating how much you could borrow on a mortgage has become out dated.
Article Related to: loans, mortgages, accounts, current, felxible, repayment, term. interest, rate, apr, charges, home

6). Are Interest Only Mortgages A Good Option? By : Joseph Kenny
Around 1 out of ever 5 mortgage borrowers last year elected for an interest-only mortgage scheme. Of these, approximately 30% were new first time house buyers. “So what?”, you may be saying. And here’s the problem: in almost every single case where a borrower has elected to purchase a home with an interest-only mortgage, the scheme was one that was advised to them by a mortgage broker.
Article Related to: mortgages, interest, only, repayment, capital, debt, payments, increase, value, compound

7). Budgeting with Credit Cards By : Peter Kenny
These days, with so much easy credit available it is very easy to let your finances and debts get a little out of hand. Pretty much every morning when you wake up and check your mail, you will be greeted by a plethora of junk mail advertisements seeking to entice you into signing up for a personal loan, a new credit card, a debt consolidation loan or some other similar form of credit.
Article Related to: credit, cards, statement, interest, minimum, repayment, budget, bank, financial

8). Interest Only Mortgages - What You Need To Know Before Obtaining One By : Joseph Kenny
Buying a home is a dream that just about everyone has. Unfortunately, many individuals are unable to afford a home without assistance. Even with financial assistance, in the form of a mortgage, there are still many individuals who find it difficult to own their own home. In recent years, the popularity of interest only mortgages has increased. Interest only mortgages are often viewed as a way to save homeowners money, but are they really? Interest only mortgages are just what they sound like.
Article Related to: mortgages, loans, secured, home, rate, interest, payment, capital, repayment

9). Car Loans By : Peter Kenny
Buying a new car is one of the single biggest purchases most people are likely to make in their life. Other than their home and maybe their education, there is not really much personal expenditure that can compare in size to the purchase of a new car. Therefore it is not surprising that most people cannot afford to pay for a car outright. This is so even if they have a very good income.
Article Related to: loan, credit, interest, lenders, financial, repayment, minimum, typical, borrowing

10). Graduating from University By : Joseph Kenny
After all the late night partying of university, what is the one major hang over that most students are complaining about when its all over and they’ve graduated? The answer is student debt. Student debt levels continue to rise every year as banks and other lenders throw more and more credit their way while they are still studying. It seems as if the banks have plenty of faith in graduates being able to pay back the loans, and most graduates would confirm this.
Article Related to: loan, credit, interest, rates, overdraft, students, repayment, earnings, debt, banks

11). Borrowing – Your Options Explained By : Joseph Kenny
When you approach a lender to ask for a loan, you can expect a certain formula. Mortgages are a particular type of loan – they usually involve larger amounts, are spread over a longer period, and are secured on your house. As is clear from looking at any of the financial pages at the weekend, there are thousands of different mortgages out there. However, you can use these general rules to get an idea of what to expect when you apply for one.
Article Related to: loans, home, secured, personal, options, offers, deals, interest, repayment

12). The Low-Down on Bank Car Loans By : Joseph Kenny
Bank car loans are regulated. This is the most important fact that you will ever take from this article. This is to say that the interest rate charged for the vehicle loan can only be so much annually and no more. This is not to say that banks will give you 100% on the value of the loan on a new or used car. Banks maintain extremely fair and precise actuarial tables and books listing the fair value of both brand new and used vehicles.
Article Related to: bank. loans, car, interest, deal, auto, dealer, offer, rate, apr, regulated, cost, repayment

13). Student Loans For Those With Bad Credit By : Joseph Kenny
When it comes time for you to start college, you really do not want your bad credit to get in the way. The good news, too, is that it does not have to. You still have access to a number of loans - and at reasonable rates.
Article Related to: loans, students, cost, interest, charge, payment, repayment, borrow, study, learn, graduate

14). Repaying Your Mortgage Home Loans – The Basics By : Dan Lewis
With the raging hot real estate market of the last five years, mortgages have evolved wide spread options. The different home loans can be confusing, so lets look at the basic repayment options. Repaying Your Mortgage Home Loans – The Basics Jumbo loans, variable rates, fixed, interest only – the variety of mortgage home loans seems almost endless.
Article Related to: home loans, loan, mortgages, repayment, interest rates, jumbo, variable, fixed, interest only

15). A Guide To Paying Back A Student Loan By : Joseph Kenny
A borrower has certain responsibilities to take care of, once a loan is negotiated. In order to keep your loan in good standing, it is important to fulfill all your obligations. A lapse in making a single payment indicates delinquency.
Article Related to: loans, students, cost, interest, charge, payment, repayment, borrow, study, learn, graduate

16). What Is A Jumbo Mortgage? By : Joseph Kenny
A jumbo mortgage means a larger than normal size mortgage. While getting a jumbo size anything usually means getting a good deal - especially when it comes to hamburgers and fries - it may not mean the best deal in the case of mortgages, however.
Article Related to: mortgages, jumbo, larger, home, value, interest, cost, charge, repayment, risk, bank, loan

17). What Mortgage Options Are Available To A Homebuyer? By : Joseph Kenny
Buying a home is something that most people look forward to. When it comes time to look at the various options that are available for mortgages, though, the questions start to arise.
Article Related to: mortgages, home, owner, homeowner, loan, equity, house, buy, interest, repayment, fixed, balloon

18). Finding Cheap Bankruptcy Lawyers For You By : Ryan Arsendatama
If you are in a serious and genuine financial problem, the right thing to do is file for bankruptcy. But before you do that you would have to find yourself a cheap bankruptcy lawyer who can explain to you all the finer points of the new law and can get you a good deal.
Article Related to: finding, bankruptcy, lawyers, credit, filing, court, service, legal, process, choosing, repayment

19). How Does A Balloon Mortgage Work? By : Joseph Kenny
Finally being able to buy your house because you got the mortgage you wanted is an exciting thing. Many mortgage possibilities are available, but a balloon mortgage may be the thing that you need to get moved in
Article Related to: mortgages, balloon, buy, home, interest, offers, loan, bank, repayment

20). Fixed-Rate or ARM - What Are The Advantages? By : Joseph Kenny
All mortgages tend to fall into one or two basic categories - they are either a fixed rate mortgage or an adjustable rate mortgage. Among these two categories, however, there are many different options that allow you to get a mortgage that suits your personal needs.
Article Related to: mortgages, fixed, adjustable, interest, only, repayment, capital, debt, payments, rate

21). Is An Interest Only Mortgage What You Need? By : Joseph Kenny
Interest only mortgages are becoming more in demand - now that people are learning about them. Recent changes have made them more popular and it could be just the thing that you need.
Article Related to: mortgages, interest, only, repayment, capital, debt, payments, increase, value, compound

22). What Can You Do In Advance To Get A Better Mortgage Rate? By : Joseph Kenny
When it comes time for you to think about getting a mortgage, you should know that there are some things that you can do to help yourself get a better deal. In most cases, they can be performed over a few months, but will prove their worth in savings over the term of your new mortgage.
Article Related to: mortgages, bad, credit, fixed, adjustable, interest, only, repayment, capital, debt, payments, rate

23). Have An Adjustable Rate Mortgage - Need To Remortgage In A Hurry? By : Joseph Kenny
Most people are probably aware that interest rates have been on an upward trend. For those who have fixed rate mortgages it does not really matter. But if you have an adjustable rate mortgage, then you may already have seen an increase in your payments.
Article Related to: mortgages, remortgage, adjustable, interest, only, repayment, capital, debt, payments, rate

24). How Can You Assume A Mortgage? By : Joseph Kenny
Finding a house with an assumable mortgage these days could prove to be a real find - but it is not very common. Typically only the FHA and the VA uses assumable mortgages, which basically means that another person can simply take over the house and payments.
Article Related to: mortgages, bad, credit, fixed, adjustable, interest, only, repayment, capital, debt, payments, rate

25). What Is A No Fee Mortgage? By : Joseph Kenny
Everyone is aware that mortgages come with a lot of different fees attached. To most everyone, this also meant that the lender, or the mortgage broker was getting rich by adding these fees to the deal. Before long, someone thought they would provide a more attractive offer by making available a no fee mortgage
Article Related to: mortgages, no, fee, free, fixed, adjustable, interest, only, repayment, capital, debt, payments