Mortgage Basics

Down payments range from 0% to 20% depending on loan type. Compare conventional, FHA, VA, and USDA down payment rules.

Closing costs typically run 2-5% of the home price. See what's included and practical ways to reduce your out-of-pocket costs.

PMI is required on many low-down-payment loans. Learn how it's calculated, what it costs, and how to remove it from your loan.

Compare fixed-rate and adjustable-rate mortgages, including how ARMs reset and which option suits different homeowner goals.