Current Mortgage Balance · the outstanding principal when calculating a current mortgage or the original amount on a new loan ; Interest Rate · the annual nominal interest rate or stated rate on the loan. Note that this is the interest rate you are being charged which is different and normally lower than the Annual Percentage Rate (APR). Current Monthly Mortgage Payment · the amount currently to be paid on this mortgage on a monthly basis toward principal and interest only. DO NOT include ...
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Your New Mortgage ; Interest Rate: % ; Closing Costs · % ; Length of Ownership: Years
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