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Mortgage Prelude 2.3.1This FREE mortgage calculator computes such items as your monthly payment, amortization schedules, interest, etc; but it is so much more. You can actually find out how much of a mortgage you are qualified to get! It uses the guidelines set forth by the Federal National Mortgage Association (a.k.a. Fannie Mae) in its computations. This is a very important concept because they are the same rules most lending institutions use.
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