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The Benefits of Owning a Home

Buying a home is the biggest purchase most of us will make, but it’s definitely worth it. The biggest reason is the appreciation of the home. The value of the vast majority of homes will appreciate over time. The appreciation builds home equity (the difference...

Monthly Mortgage Payment Calculations

Here’s a general idea of what your mortgage payments would be with a 30-year fixed-rate loan, 20% down payment and an interest rate of 4%:   Mortgage amount             Monthly Payment     $100,000                                 $477    ...
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