While most conventional loans aren’t assumable, loans backed by the FHA and VA are—if certain conditions are met.

It feels quite fortunate when you have extra money before payday. And it naturally leads to pondering big financial questions ...

Home equity loans are secured by your equity, which is the difference between the property's value and any existing mortgage balance. For example, if you owe $150,000 on a home valued at $250,000 ...

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

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

The bill, if signed into law by President Donald Trump, would bring about major changes to the federal loan system.

Fannie Mae and Freddie Mac should soon begin to take Bitcoin and some other cryptocurrency assets into account when deciding ...

Here are seven missteps I made when refinancing my mortgage in 2009 – and what I would do differently today. I have to admit: ...

A home loan EMI calculator is a simple tool, but it can make a big difference. It helps you understand your loan better, avoid mistakes, and stay in control of your money.

With so many monetary details to worry about--loan amount, rate of interest, tenure--it is simple to get perplexed. This is where the car loan EMI calculator is your best friend.

Along with your down payment, you’ll need to pay closing costs, which typically total 2 to 5 percent of the loan principal. For most Americans, taking out a mortgage makes buying a home possible.

The higher the student loan payment, the higher the DTI becomes. To calculate your DTI ratio, add up all your monthly debt payments, divide by your monthly income and multiply by 100.