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Mortgages and More: Part I Today we are here to talk about mortgages. Mortgages: most likely the largest amount of debt that any one individual will ever take on in their lives; they are the key to the American dream. They are the way out of the death trap Americans call “rent.” Mortgages are what most adults call “the defining moment in my life, when I knew I grew up.” So what is a mortgage anyway? Simply put, a mortgage is a loan that you take on in your house. Before we start, we do need to put out a disclaimer: Before you take out a loan, please remember that the #1 reason that the United States is in the predicament that they are in is because lenders (banks) gave away more money than they actually had, to people (prospective homeowners) that were not making enough money to pay off their mortgage. If you are looking to get a mortgage, the first thing that you need to look at is the payment amount. This can easily be calculated by using our mortgage widget. This fascinating little widget can be easily utilized by anyone who is looking get a mortgage.


Calculating your mortgage payment does not have to be difficult. Somewhere right now, someone right now is sitting down at their home office with a pen, paper and calculator trying to figure out what their mortgage payment will be. Our widget can be used on your website as well. If you are using the Wordpress CMS, it is very simple to integrate into your own website. This is key if you have the type of website that deals with mortgages and you want to have the type of widget that will show the user how to go about calculating their interest payment.

Interest is another word that we hear from time to time. Interest is expressed as a percentage and is the amount of money that a lender charges. For the bank, this is really what makes it all worthwhile. This is the banks payday. Keep in mind that this is something that can be “refinanced” mortgages can typically be bought and sold like any other asset. If you are looking to refinance, be sure that you do all of your homework. Refinancing is something that can be extremely beneficial to you, and can also be very lucrative for you in the beginning. What you really need to watch out for is the long term structure of the refinance. Typically, the interest grows over a period of time which subscribes to most Americans need for instant gratification. We appreciate you taking an interest in our mortgage widget, if you would like more information about it, please stop by our website and read more.


Before we start, we do need to put out a disclaimer: Before yo u take out a loan, please remember that the #1 reason that the United Sta...