The "Mortgage Professor" answers critical homemortgage questions This value-packed consumer reference by a nationally syndicated mortgage columnist is indispensable for anyone looking to secure a home mortgage. The Pocket Mortgage Guide answers 50 of the most commonly asked mortgage questions, including: How can I find the lowest-cost lender? - Should I choose a 15-year loan or a 30-year loan? - What is PMI and how can I cancel it? - How large a mortgage will I be able to afford? - What will my monthly mortgage payment be? - What is a "debt ratio" used for and how is it calculated? - What is a home equity line of credit and what should it be used for? The book also provides valuable interest amortization tables and is the perfect resource for home buyers. Jack M. Guttentag (www.mtgprofessor.com) is professor emeritus of finance at the Wharton School. His nationally syndicated weekly column, "Ask the Mortgage Professor," appears in the L.A. Times, and other major newspapers. Everything You Need to Know to Make Getting a Mortgage Simple and Trouble-Free How large a house will you be able to afford? What is PMI, and why do you have to pay it? How can you be sure you're not being taken advantage of? The Pocket Mortgage Guide gives you the authoritative answers you need to simplify the entire mortgage process. This pocket-sized, value-packed guide features: Painless techniques for trimming years off the life of your mortgage - Strategies for including "fix-up" money in your mortgage - Guidelines for getting the best deal when shopping for a refinancing loan - Handy tables for looking up what your monthly payment would be at different interest rates Your mortgage is the biggest financial commitment you'll ever make, and it's up to you to understand how it works. Learn the facts you need to know to get the house--and mortgage--at the lowest possible cost, in The Pocket Mortgage Guide . Jack M. Guttentag (www.mtgprofessor.com) is professor emeritus of finance at the Wharton School. His nationally syndicated weekly column, "Ask the Mortgage Professor," appears in the L.A. Times, and other major newspapers.