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What else can I help you with?
Does a large down payment offset low income when applying for a mortgage?
Yes, a large down payment can help offset low income when applying for a mortgage by reducing the amount of money you need to borrow and potentially improving your chances of approval.
Can the FHA calculator tell me how much I can borrow?
An FHA calculator can help you decide how much you can borrow and pay back safely. It may be just the thing you're looking for if you're interested in an FHA mortgage. They are available online, so with a small amount of information, you can use the calculator before applying.
How do you use a mortgage calculator to figure your necessary down payment?
A mortgage calculator will allow you to put in the amount that you wish to borrow from the bank along with the interest. It will then tell you the monthly payment. The monthly payment will adjust as you increase or decrease the amount of the down payment.
What it cost to borrow money?
nothing you borrow it and you pay it back in a certin amount of time in smaller amounts
How much more can US borrow?
endless amount
The amount of money borrow is called the?
Principal is the amount of money you borrow. Interest is the fee charged by the lender (or bank) to use their money. The total amount of money you pay back is the principle + interest.
Does applying for a grant hurt you in the future?
Hurt you in what way? Can you be more specific? Grants don't have to be repaid, so you don't have to worry about it affecting your credit (as it could if you wanted to get a loan later and the balance on the loan would decrease the amount you were eligible to borrow).
Can I apply for a loan with pre-approval?
Yes, you can apply for a loan with pre-approval. Pre-approval means a lender has reviewed your financial information and determined the amount you can borrow. Applying with pre-approval can make the loan process smoother and faster.
What is the amount of money students can borrow under the Perkins loan?
27,500
If they say your cash value is 596 at end of month that is the amount you are allowed to borrow can you borrow like 20000?
No you can't if the value is 596.but if the amount value is 20000 at the end of the month you can.But other than that you can't
Does lend mean the same thing as borrow?
No, lend means to give to someone; borrow means to have someone give you something that you return after a certain amount of time. For example: I'll lend you my pencil. Can I borrow your pencil?
What is the total amount of money students can borrow under the Perkins Loan?
27,500
