Understand the difference between major mortgage typesGenerally, home loans come in two varieties. One offers stable monthly interest charges over the life of the loan. The other features an interest rate that may change over time. Spend a few minutes figuring out which might work best for you.
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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.