· This has become the major reason for mortgage foreclosures. If you are crying out for help, and saying “I need help paying my mortgage”, do not be fearful; just ask for help from a mortgage bailout expert or real estate professional. They are there to give assistance to those who need.

Learn how to apply for a mortgage before beginning the application so you'll know what to expect and can start gathering required documentation.

Refinance Versus Home Equity Loan Average monthly mortgage payments What Is the average mortgage payment? | Sapling.com – You enter the amount you will borrow and select the mortgage length; the calculator will figure out your monthly payment. If you borrow the full amount for a mortgage on a $270,900 home, at a fixed rate of 4.25 percent for 30 years, your monthly payment will be $1,333.