AFFINITY HOME LENDING LLC | (404) 418-7547 | info@affinityhomelending.com

Affinity Home Lending Navigation
  • Home
  • About Us
    • Privacy Policy
    • Welcome to Affinity Home Lending
    • Staff
    • Testimonials
    • Legal
  • Mortgage 101
    • Mortgage Basics
    • Mortgage Approval Process
    • Understanding Credit
    • Mortgage Payments
    • Mortgage Rates
    • Home Buying Process
    • Closing Process
    • Mortgage Closing Costs
    • Refinance Process
    • Real Estate Appraisals
  • Loan Programs
    • Conventional Home Loans
    • Jumbo Mortgage Financing
    • FHA Mortgage Loans
    • VA Mortgage Loans
    • Reverse Mortgage Senior Loans
    • 203K Rehab Mortgage Loans
  • Loan Applications
    • Quick Quote
    • Apply Online
  • Mortgage Tools
    • Adopt My Mortgage
    • Mortgage Calculator
    • Mortgage Rates
  • Blog
  • Contact
  • Home
  • About Us
    • Privacy Policy
    • Welcome to Affinity Home Lending
    • Staff
    • Testimonials
    • Legal
  • Mortgage 101
    • Mortgage Basics
    • Mortgage Approval Process
    • Understanding Credit
    • Mortgage Payments
    • Mortgage Rates
    • Home Buying Process
    • Closing Process
    • Mortgage Closing Costs
    • Refinance Process
    • Real Estate Appraisals
  • Loan Programs
    • Conventional Home Loans
    • Jumbo Mortgage Financing
    • FHA Mortgage Loans
    • VA Mortgage Loans
    • Reverse Mortgage Senior Loans
    • 203K Rehab Mortgage Loans
  • Loan Applications
    • Quick Quote
    • Apply Online
  • Mortgage Tools
    • Adopt My Mortgage
    • Mortgage Calculator
    • Mortgage Rates
  • Blog
  • Contact
Home Blog Mortgage Payments

Tag Archive

Below you'll find a list of all posts that have been tagged as “Mortgage Payments”

Understanding the FHA Mortgage Insurance Premium (MIP)

* Disclaimer – all information in this article is accurate as of the date this article was written * The FHA Mortgage Insurance Premium is an important part of every FHA loan. There are actually two types of Mortgage Insurance …

Read More
First-Time Home BuyerMortgage InsuranceMortgage PaymentsMortgage ProgramsUnderwriting Guidelines

Calculating The Net Benefit Of A Refinance Transaction

Calculating the net benefit of refinancing can be a challenging task if you do not understand what to calculate. We are going to focus on the net benefits of refinancing from the standpoint of lowering your interest rate. Although there …

Read More
Closing CostsFrequently Asked QuestionsGFEMortgage Payments

Top Five Market Factors That Influence Mortgage Rates

Timing the market for the best possible opportunity to lock a mortgage rate on a new loan is certainly a challenge, even for the professionals. While there are several generic interest rate trend indicators online, the difference between what’s advertised …

Read More
FedMortgage PaymentsMortgage RatesMortgage Terms

What’s The Difference Between Interest Rate and Annual Percentage Rate (APR)?

The difference between APR and actual note rate is very confusing, especially for First-Time Home Buyers who haven’t been through the entire closing process before. When shopping for a new mortgage loan, you may notice an Annual Percentage Rate (APR) …

Read More
GFEMortgage PaymentsMortgage RatesMortgage Terms

How Do Mortgage Rates Move When The Fed Lowers Rates?

Lower mortgage rates is a common misconception that is perpetuated by the mainstream media when the Fed makes an announcement of lowering rates. However, when the Fed cuts interest rates, mortgage rates can actually increase. Fed 101: According to Wikipedia: …

Read More
FedMortgage Backed SecuritiesMortgage PaymentsMortgage Rates

Why Do I Need To Pay A VA Funding Fee?

The VA Funding Fee is an essential component of the VA home loan program, and is a requirement of any Veteran taking advantage of this zero down payment government loan program. This fee ranges from 1.25% to 3.3% of the …

Read More
Down PaymentFrequently Asked QuestionsGovernment LoansMortgage InsuranceMortgage Payments

Why Do I Need Mortgage Insurance?

Mortgage Insurance, sometimes referred to as Private Mortgage Insurance, is required by lenders on conventional home loans if the borrower is financing more than 80% Loan-To-Value. According to Wikipedia: Private Mortgage Insurance (PMI) is insurance payable to a lender or …

Read More
Down PaymentFrequently Asked QuestionsLTVMortgage PaymentsUnderwriting Guidelines

Understanding An Amortization Schedule

By committing to a mortgage loan, the borrower is entering into a financial agreement with a lender to pay back the mortgage money, with interest, over a set period of time. The borrower’s monthly mortgage payment may change over time …

Read More
Amortization ChartMortgage BasicsMortgage PaymentsPromissory Note

How Do I Calculate My Mortgage Payment Without Using A Mortgage Calculator?

Calculating an exact mortgage payment without a calculator on a loan is no small task, but there are some simple rules-of-thumb you can use to get a close estimate. With the exception of the MIT Blackjack Team, performing this type …

Read More
Frequently Asked QuestionsMortgage BasicsMortgage Payments
  • Page 1 of 2
  • 1
  • 2
  • →

Recent Posts

  • Weekly Mortgage Rate Forecast for the week of July 10, 2023
  • Weekly Mortgage Rate Forecast for the week of July 3, 2023
  • Weekly Mortgage Rate Forecast for the week of June 26, 2023
  • Weekly Mortgage Rate Forecast for the week of June 19, 2023
  • Weekly Mortgage Rate Forecast for the week of June 12, 2023
  • Home
  • About Us
  • Mortgage 101
  • Loan Programs
  • Loan Applications
  • Mortgage Tools
  • Blog
  • Contact

NMLS # 1181151

Georgia Residential Mortgage Licensee # 42129
Florida Residential Mortgage Licensee # MBR1800
Alabama Residential Mortgage Licensee # 22531
North Carolina Residential Mortgage Licensee # B-184125
South Carolina Residential Mortgage Licensee # B-184125
Virginia Residential Mortgage Licensee # MC-7205
Tennessee Residential Mortgage Licensee # 182797

TEXAS COMPLAINT DISCLOSURE

84 Church Street, Suite A, Marietta, Georgia 30060
404-418-7542

136 4th Street N, Suite 2105, St. Petersburg, FL 33701
727-709-7473

Equal Housing Lender

COPYRIGHT 2022 — AFFINITY HOME LENDING LLC

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset