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Corinthian Capital Group Member - Jamesburg Area Chamber of Commerce
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Use the Payment Calculator to see what you can expect for monthly payments for a given mortgage. You can switch between 15 and 30 year terms to see the affect on your monthly payment, and you can see how variations in the interest rate will affect your payments. Amortization schedules can be useful for a couple of reasons. For fixed rate loans, an amortization schedule shows how much of your fixed monthly payment is an interest payment and how much is applied to the principle. You can also see how much of your principal remains at the end of each year. Other Calculations While the 2 calculators provided above are the most commonly used, you may have a need for some more specialized calculators. We suggest making a Bookmark/Favorite of this page (so that you can return more easily) and then visit Fannie Mae's HomePath site. Fannie Mae is one of the powerhouses of the secondary mortgage market (most mortgages are sold into the secondary mortgage market). While they are not permitted to lend directly to consumers, they have an excellent educational site for consumers that you may want to look over.
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