Which companies loan out more than we do?

A report from Axios finds that the average home loan borrower pays an average of $1,200 a month for the most common type of loan in the U.S. and an average $5,300 for a loan for a second home.This means the average loan borrower in the United States spends about $2,000 a month to get […]

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How to find a bank to loan your home

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When you have a loan, how much do you have to pay?

With a $1,000 loan, you will pay $50 a month for the life of the loan.With a 20-year loan, your monthly payment is $250, and with a 30-year, you pay $550.A 40-year interest-only loan is $2,600 a month.But that doesn’t include interest on the principal, which is what the federal government pays for federal loans.Interest […]

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When will Stafford loans be back?

In March, the Obama administration extended the repayment period for Stafford loans to 30 months from four years.The extension was expected to give borrowers a chance to get out of debt faster, and it was a big win for lenders.But the extension came with one major caveat: borrowers must pay off their loans within the […]

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How much do mortgage rates really matter?

Personal loan rates have been around for a while, but they are not always as relevant as they should be.RTE has put together an interactive calculator that will show you how much you should pay when you buy a home.We have been looking at different types of home loans and the cost of all these […]

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