Other Featured Articles
FACT SHEET: U.S. Treasury Department Office of Public Affairs releases Examples of How the Economic Growth Act of 2008 will Benefit Americans
See how the stimulus package will impact you...
From the Desk of Tom Carmody
Chairman of AHAA
“Housing Hits Trifecta of Bad News”
I certainly am aware that we are the midst of the worst housing situation in America since the early ‘90s, and one that may be the worst since the depression era. USA Today highlighted the problems on the front page of its Money section: high foreclosure rates, falling prices and vacant homes. Miami leads the way in falling prices, Nevada in foreclosures and vacant homes for sale across the nation are 800,000 than would be the case in a normal market. Most every market has suffered, and will continue to do so it seems.
News
Featured Content
Introducing AHAA's most recent feature:
Practical information and advice for homeowners! Learn more...
Legislative Action Center
Congress set to modernize FHA
Congress holds the key to helping hundreds of thousands of homebuyers.
Tell Congress NOT to eliminate down payment assistance programs!
Click here to take action
Calculators
Of the many items to consider regarding homeownership, one of the most vital is the monthly mortgage payment. Before getting shocked by your lender or real estate agent, educate yourself about how much you will have to pay each month. But remember, the mortgage payment is most often part of your monthly payment. You will need to pay taxes and insurance. The mortgage payment, taxes and insurance are called PITI. When speaking to lenders and real estate professionals, the number that really matters is the PITI.
Monthly Payment Calculator
Calculates your payment for different loan amounts, interest rates, and amortization terms.
Payment Schedule
Calculates the breakdown of principal and interest payments in a yearly format.
Extra Payment
Calculates how much you can save over the term of your loan by increasing your monthly payment.