Anjanette's Blog

To complement Ed's business as a mortgage broker, he provides invaluable information on FICO scores, how to improve yours, and what adversely affects it. If you are planning a home purchase or a refinance within the next year, I encourage you to meet with Ed first. The sooner, the better; the mor...

 Take a look at the following breakdown:Purchase Price$650,000Minus Down Payment65,000(10% down) Equals Loan Amount585,000Multiplied by Interest Rate (Factor) = Interest0.00510 Interest: 6.125%Total Interest$2,986Multiplied by 12 (Payments in a Year)35,831Property Taxes (Purchase Price x 1.25)8,1...

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