How To Use Our Mortgage Payoff Calculator Before you start, you’ll need to gather some information. Make sure you already know or have the following handy: Original mortgage loan amount Current ...

How to read your mortgage statement While there are numerous vital pieces of information included in your statement, one of the most essential ones is the payment information and due date. Staying ...

An annual mortgage statement is a document sent to a borrower by the mortgage holder. This statement provides the borrower with key information related to the loan, activity on the account, and ...

What’s more, some lenders may have certain penalties or fees associated with requesting a payoff statement. You should check your loan agreement prior to requesting one to understand the terms.

Your payoff quote includes the payment amount, interest and any fees you owe. For example, if you're paying off the loan early, you may get hit with a prepayment penalty.

Benefits of refinancing a mortgage Most people refinance to save money. The top reasons it makes sense to refinance are to lower your interest rate, change your loan term or both. You may also ...

Each mortgage loan comes with a set term, usually 30 years, but 15-year and 10-year mortgages are also available. To pay off your loan ahead of schedule, you'll need to pay more than the minimum ...