Your mortgage payment includes principal and interest, as well as insurance, taxes and homeowners association fees. Calculating your mortgage payment can give you a good idea of how much house you can ...

Mortgage amortization is a fancy term for a rather straightforward concept: the process of paying off your mortgage loan in equal installments each month. It's something you should understand if ...

If you have ever had to pay back a loan, you have already experienced amortization. When you get a loan, the lender spreads out your repayment amount over a series of fixed payments. Once you finish ...