The interest rate your lender gives you isn't the true cost of your mortgage. Learn how to calculate your effective interest rate, including any discount points.

FHA Mortgage Calculator Definitions Loan amount: The amount of money a borrower receives from a mortgage lender to cover the purchase of a home, excluding any fees the lender charges.

Vacation homes come with both rewards and risks. Before buying one, it’s crucial to crunch the numbers carefully.

CNET's mortgage calculator below can help homebuyers prepare for monthly mortgage payments. Though mortgage rates and home prices are high, the housing market won’t be unaffordable forever. It’s ...

Most potential home buyers know the basics. You can secure a lower interest rate by improving your credit score, making a ...

The best mortgage lenders will have a combination of low rates, several loan options and excellent customer service. Money’s ...

My husband and I have found a flat we really like. However, we have one major concern. The flat is located above a Post ...

In 2024, 74% of all buyers financed their home purchase with a mortgage, according to NAR, down from 80% in 2023. More than 90% of first-time buyers had a mortgage, while only 69% of repeat buyers ...

Before you buy a home, learn how your income, housing costs, and the 30% rule work together to determine what you can realistically afford.

I downsized well before the traditional retirement age. First to a two-bedroom townhouse, then to a one-bedroom apartment.

The equity in your home is a valuable asset. Like with any asset, you must use it wisely to get the most value out of it. This is important because a 1-percentage-point difference in the ...

Key Takeaways The current average mortgage rate on a 30-year fixed-rate mortgage, the most popular home loan, is 6.75%, a 9 basis points decrease from the previous week.