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If you pay more than the amount due every month do you still get charged the same amount of interest?
NO, you should actually pay LESS interest over the period of the loan. You will actually pay it off sooner.
If you are paying more then you need to specify to the dealer that you would like all overpayments to go twards the princeple not the interest which by lowering the princeple will automaticly lower the interest.
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No every stanza has its own amount of lines
The amount of the promissory note plus the interest earned on the due date is called the maturity value.
In the ePay function if you have a 500 current amount due plus you know that that you will spend 400 next month how can you pay the full 900 you know you will owe in the future?
I can setup a recurring payment to always pay the full amount due so i pay $500 this month and $400 next month.
If you have an escrow account with a mortgage do you pay interest on the escrow amount of the payment each month?
Interest is only calculated on the principal balance of the loan. For example, on a 30 year loan, if your principal balance (or loan balance is $100,000.00, and your interest… rate is 5.000%, your monthly Principal and Interest payment amount would be about $537.00. Your first payment would include approximately $417.00 in interest, which would gradually decrease, as the principal payment would increase. If you have a reserve or escrow account set up for the payment of Taxes and Hazard/Homeowners Insurance, then your monthly payment would include the monthly payment amount for those items. Below is an itemization of a typical mortgage payment with the above Principal and Interest calculation, and showing how your mortgage lender will calculate the monthly amounts. Annual Property Taxes: $3000.00 / 12 Months Monthly Tax Amount: $250.00 Annual Hazard/HO Insurance: $600.00 / 12 Months Monthly Insurance Amount: $50.00 --------- Principal: $120.00 Interest: $417.00 Tax: $250.00 Insurance: $50.00 TOTAL PAYMENT $837.00 --------- For more information on this subject, visit this website. They have a wonderful real estate dictionary and FAQ section under the resources tab. http://www.eescrowservices.com Also, just for your information, many states do not allow lenders to collect the interest on the pooled reserve account. You'll need to check with your state's banking regulatory commission or department. One last thing...the figures shown here are estimates and will differ from the amounts that your lender provides to you.
No. I get sunburnt quite quickly. My friend doesn't. Another gets is even faster. How quickly you tan or burn depends on the amount of melanin in your skin. People wit…h fair skin have very little melanin, so they burn more quickly. Beige or darker skinned people have more melanin, so they develop more of a tan before they burn.
If you are behind on mortgage payments and are given a notice of default that says you have 30 days to pay the past due amount does that mean you will lose your house in a month?
Answer You have 30 days until the Mortgage company takes ANY action. You have anywhere 3 months to a year if no further payment is made before you will be forced to vac…ate. A judges signature is required for ANYTHING to happen.
Overpaid 401(k) . If you paid more than the allowed amount on your 401(k), contact your employer 401(k) rep about the amount that you have overpaid. You should receive a c…heck from the 401(k) company or your plan administrator. This amount is to be reported on the Tax Form 1040, line 7. Since this money went into your 401(k) untaxed, it now has to be taxed. Report this money in the tax year you receive it.
Yes, some cars have more horsepower which allow the caar the go faster and get off quicker then another car
the sun is at different positions
Gases have no fixed volume - they will expand, or to a certain extent contract, to fit their container.
A proton and an electron possess equal amount of charge (about 1.6e-19 C), except that a proton carries a positive charge and an electron, negative. Hence, the net charge is n…il -- the atom is electrically neutral.
The amount you pay each month for your insurance is called the premium. Premium can be paid monthly, every six months, or once a year.
If a judgment is still accruing interest can a payment be applied to the original amount of the debt stop the agency from adding any more interest?
Your specific question and situation requires a legal opinion. This answer is a general one only. That having been said... Judgments, being legal actions, usually accrue inter…est according the terms set by the judge when the judgment is granted. So paying the creditor would not stop the interest unless that continency was covered in the disposition.
In most cases, yes. If its a simple-intrest loan which most are now then if you pay extra over your min payment or you pay maybe twice in a month, they will subtract that mone…y off the principal amount and you save intrest! That could end up in hundreds of dollars for a small amount. But check with your bank, I know of some that will just add that money toward your next payment. Sometimes your need to let them know how to treat that money.
Can you have more than 1 dental insurance plans i have a dental insurance but i need a lot of work done and after they pay i still have large amount to pay?
You will not find much benefit in purchasing more dental coverage as they will only coordinate the benefits anyway. You best bet is to work out a payment plan with the dentist… for the remainder due. Dental coverage is purchased only when people need it or are going to need it especially when someone buys an individual policy. For this reason there are limits the first year or two and caps for what the policy will pay per year.
The rate and amount you pay depends on the terms of the credit you use. For instance, if you get a mortgage to buy a house, the interest rate might be 4% a year. For every $1…00 of the unpaid balance you pay the mortgage company $4. However, a credit card might have an interest rate of 21%. For every $100 that you owe to credit card company, you will pay $21- every year- plus the $100 that you owed.