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Equity is the value of your home less the amount owed on the mortgage. A home equity loan is a loan secured by the equity in your home. Your lender will use an assessment to decide your home's value and the amount of equity available to abstract. If the available equity exceeds your mortgage balance, you can use an equity loan to pay off your mortgage. If your mortgage exceeds the available equity you cannot use the equity to pay off your existing mortgage.
There's no reason you couldn't except the difference in interest rates would be substantial. More than likely a much larger amount would be owed/repaid then if the mortgage was paid by conventional means. Also, interest charged on a mortgage is tax deductible, CC's aren't. No mortgage company directly accepts credit card payment, only debit cards. Historically, you could only use your cash advance checks to pay your monthly mortgage bill with a credit card. However, just launched this year, two companies are allowing direct payment. The first is an American Express program for IndyMac and American Home Mortgage loans. There is a $400 enrollement fee for this program and you can only sign up on closing of a new loan. The other service that let's you pay your mortgage with a credit card is CardIt. They support 115 lenders and charge a per-payment fee of %2.49 + $19.99. You can use a Visa, Mastercard, or Discover, but not Amex.
A mortgage calculator is a calculator with which you use to calculate your monthly mortgage payment. For example, your home mortgage amount is 300,000 dollars, your mortgage term is 30 years and the annual interest rate is 6%. You would like to find out how much you have to pay per month. In this case, you can use the help of a mortgage calculator, and it tells you that you have to pay 1798.65 dollars per month.
The Bank of Nova Scotia does have a mortgage repayment calculator available online. It is free of charge for you to use this to calculate how long it will take and what you will pay for your mortgage.
The benefit for one to use a free mortgage calculator would be to know in advance how much one would pay each month for his mortgage. One can also us a free mortgage calculator to compare different mortgage offers.
No
Yes American Express offers online bill pay. It's easy to locate and very easy to use and understand the website layout.
With an American Express card, the payment can made in full or the minimum can be paid. it is up to the cardholder.
Many places that don't want to pay the ridiculous services fees for customers to use American Express. Did you know that all the benefits from using an American Express card are funded by the merchant that runs your card? Your bonus miles aren't paid by you, and they aren't paid by American Express.
Mr James had to take mortgage to pay his rent in two weeks time.
Equity is the value of your home less the amount owed on the mortgage. A home equity loan is a loan secured by the equity in your home. Your lender will use an assessment to decide your home's value and the amount of equity available to abstract. If the available equity exceeds your mortgage balance, you can use an equity loan to pay off your mortgage. If your mortgage exceeds the available equity you cannot use the equity to pay off your existing mortgage.
There's no reason you couldn't except the difference in interest rates would be substantial. More than likely a much larger amount would be owed/repaid then if the mortgage was paid by conventional means. Also, interest charged on a mortgage is tax deductible, CC's aren't. No mortgage company directly accepts credit card payment, only debit cards. Historically, you could only use your cash advance checks to pay your monthly mortgage bill with a credit card. However, just launched this year, two companies are allowing direct payment. The first is an American Express program for IndyMac and American Home Mortgage loans. There is a $400 enrollement fee for this program and you can only sign up on closing of a new loan. The other service that let's you pay your mortgage with a credit card is CardIt. They support 115 lenders and charge a per-payment fee of %2.49 + $19.99. You can use a Visa, Mastercard, or Discover, but not Amex.
A mortgage calculator is a calculator with which you use to calculate your monthly mortgage payment. For example, your home mortgage amount is 300,000 dollars, your mortgage term is 30 years and the annual interest rate is 6%. You would like to find out how much you have to pay per month. In this case, you can use the help of a mortgage calculator, and it tells you that you have to pay 1798.65 dollars per month.
nope but you can use a American Express Serve®
Yes you can.
The benefits of a gift card from American Express is that it will be accepted everywhere that American Express credit cards are accepted and it is easier to use then cash
An American Express Travel card can be used anywhere that American Express is accepted. These cards are pretty versatile and convenient to have in place of cash.