answersLogoWhite

0

How much interest should I expect on my first home?

Updated: 9/16/2019
User Avatar

Wiki User

12y ago

Best Answer

The interest on your mortgage loan can vary considerably depending upon your credit and the amount of down payment. If your credit score is bad, the rate can be much higher. However, if your credit score is good, you could end up with a very attractive rate.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much interest should I expect on my first home?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What should I expect from my first visit to a fertility center?

Your first visit to a fertility center will be a visit about learning of your options, and meeting with your doctor. The first visit is a chance to gather information and take it home to think over your choices. During a first visit, you should not expect to begin fertility treatments


Should a home inspector have an undisclosed financial interest in the home that is being inspected?

A home inspector should never have an undisclosed financial interest in the home that is being inspected. This might cause the inspector to be less impartial in her or her duties.


As a first time home buyer, how much can I expect to save with the new tax credit?

You can expect to save up to $1000 for your first purchase


If invited to a Belizean's home for drinking tea what should you expect to be served?

Dinner


Using Home Depot Credit Services?

If you are a single person or a newlywed couple, then you should consider using Home Depot credit services for making your first home purchases. There are plenty of items that can be bought at Home Depot that you would not expect. For example, you can buy everything from a lawn mower to a sink at this great department store. Also, you can actually save a lot of money on your purchases for your first home by taking out a line of credit from Home Depot stores. The interest rate is also lower than most credit cards as well, making it an attractive option.


What is the interest rates for debt consolidation loans?

Interest rates for debt consolidation loans can vary dramatically based on your credit. If you can get a home equity loan they usually have much lower interest rates. For a debt consolidation loan expect to pay around 10-12% interest.


On average how much deposit should mortgage buyers expect to put down on a new house?

Most banks require that a home buyer put down at least 25% of the value of the home on the deposit. Should one be able to put down more then the minimum deposit they could possible get a better interest rate on their mortgage.


When purchasing a new home how much good faith down payment should you expect on 350000.00 home?

Ten percent


After deductions you can expect to take home?

after deduction you can expect to take home


What are typical interest rates for a first home loan?

A typical interest rate for someone taking out a first home loan will average between 5 and 6 %. The actual rate will depend on the terms of the loan and the competitiveness of the lender.


What are the word to the first check home drug test commercial?

The word are one of the best kept secrets in the world. You should not expect the word to come up in a casual conversation. The home drug test should only be administered when the knowledge of the word is kept to a minimal degree.


Should bathe puppy his first day home?

NO. you should not bthe a puppy his first day home