0
What else can I help you with?
How do you calculate the average mortgage balance?
To calculate the average mortgage balance, you would add up the total amount owed on all mortgages and then divide that sum by the number of mortgages. This gives you the average balance owed per mortgage.
What is the average mortgage balance in the united staTES?
According the Kansas City Federal Reserve Bank, the average mortgage balance in the US is $181,225. Source: http://www.kc.frb.org/comaffrs/subprime/Omaha.07.02.08.pdf
How much is the Average size of mortgage in US?
As of Q2 2010 the Average mortgage in the US was $193,800.
How much is the average mortgage in Seattle?
2400
What was the average home mortgage interest rate in May 2009?
The average mortgage rate of May 2009 is around 5.50. The aspect of ongoing purchases of government and mortgage-backed-debt would have helped to keep a lid on rates for the balance in 2009.
Do you have to insure your home for more than the mortgage balance?
To the insurance company, your mortgage balance has no impact on how much insurance coverage you need for your home. Homeowners insurance is based on the replacement/reconstruction cost of your home.
What is the balance of my home mortgage?
I don't have access to personal financial information, including the balance of your home mortgage. To find out your current mortgage balance, you can check your most recent mortgage statement, log into your online banking account, or contact your mortgage lender directly for the most accurate and up-to-date information.
How much equity does Lisa have in her house?
To determine how much equity Lisa has in her house, you need to subtract the outstanding mortgage balance from the current market value of the property. For example, if her house is worth $300,000 and she owes $200,000 on her mortgage, her equity would be $100,000. If you provide specific figures for the market value and mortgage balance, I can give you a more precise calculation.
How much does an average US home mortgage cost?
The average United States home mortgage will depend on the location, age and size of the house. In February 2013, the average house in the United States cost $152,000. As for the actual mortgage rate, that will depend on the length and type of mortgage one gets. On average, a 30 year fixed rate would be about 4.2%.
How much is the monthly payment to pay off my mortgage in 12 years?
Google mortgage calculator. Find one online and fill out the questions... You will need to know balance and rate...
How long are you required to have mortgage insurance?
You will need mortgage insurance as long as you still have a balance to pay on your mortgage, so in essence for as long as you have a mortgage.
Reverse Mortgage Calculator?
Reverse Mortgage Calculator Use this calculator to help determine the balance of a reverse mortgage. This calculator is specifically designed to show you how the outstanding balance of a reverse mortgage can rapidly grow over a period of time.
