The Mortgage Files
Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.
Quick Calculation For Determining House Payment
By Scott Sheldon
/
February 18, 2013
As consumer taking out a mortgage loan, computing a house payment can be a time-consuming process running calculations, let alone qualifying these days. What consumers don’t oftentimes realize, there’s a much easier way to calculate a house payment. Some terms to become familiar with: House Payment or rather PITI Principal-represents principal balance being paid down…
Read More