Making biweekly payments for your mortgage may seem like a good idea, but it may not be as helpful as you expect. Consider other ways to lower your total interest.

you'll receive an amortization schedule for your loan. This schedule will show you how each of your monthly payments breaks down in terms of how much you're paying toward your principal vs.

Our opinions are our own. Here is a list of our partners. When you buy a home with a mortgage, your payments are due monthly by default. In an effort to pay off their mortgages faster and pay less ...

The City Council is scheduled to take a final vote on the general obligation bond issue at Wednesday’s meeting, but any two alderpersons use a parliamentary maneuver to postpone the final vote. They ...

Most people can’t afford to purchase a home in cash, which is why it’s a common thing to sign a mortgage in conjunction with ...

Down Payment: This is the part of your home's purchase price that you pay upfront, not covered by your loan. The amount you pay as a down payment can influence your mortgage interest rate.

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from your taxable income," says Jordan Leaman, certified financial planner and ...