First-time home buyers should know these important things about mortgages, including the difference between a mortgage and a deed of trust.
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Mortgage definition, a conveyance of an interest in property as security for the repayment of money borrowed. See more.
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Use SmartAsset’s free mortgage loan calculator to find out your monthly payments. Includes PMI, homeowners insurance and taxes to give you a complete representation of what you will pay along with monthly mortgage principal and interest.
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