Down Payment: This is the part of your home's purchase price that you pay upfront, not covered by your loan. The amount you pay as a down payment can influence your mortgage interest rate.

The statement will also include a breakdown of part of your payment history. Your monthly mortgage statement contains a comprehensive overview of your loan and the progress you’re making in ...

The primary reason to consider a 20% down payment is that, if you have a conventional mortgage loan, that's what you need in order to avoid private mortgage insurance. There's no right amount to ...

Your mortgage statement is a document that includes key details about your loan. You’ll receive a statement from your lender ...