Google mortgage calculator. Find one online and fill out the questions... You will need to know balance and rate...
how much would a 82000 mortgage be over 20 yeras
That depends on the cost of the property and the interest rate of the mortgage. There are websites with mortgage calculators.
That depends on several additional pieces of information you didn't include in your answer, notably interest rate and length of the loan. As an example, a 30000 mortgage at 4% for 15 years would have a monthly payment of $221.91. Please provide the additional details on your loan terms for a more accurate answer.
Your monthly mortgage payment is affected by a couple factors, starting with your down payment. A greater down payment decreases the overall sum of the loan, therefore decreasing your monthly mortgage payments. The interest rate will also affect the total of the home loan and the amount you have to pay every month. If you have a high interest rate, then you will have to pay more on the total loan and every month.
That would depend on the interest rate and the length of the loan. Your payment for a 330,000 loan at 4.5% for 30 years would be $1672.06. If the mortgage was only for 15 years your payment would be $2524.48. If you took the same loan amount for 30 years at 5% your payment would be $1771.51. So it is hard to say what your payment would be without the additional information, but this should give you an idea of how much your payment would be for that amount.
how much would a 82000 mortgage be over 20 yeras
That depends on the cost of the property and the interest rate of the mortgage. There are websites with mortgage calculators.
About $3,450.00
That depends on several additional pieces of information you didn't include in your answer, notably interest rate and length of the loan. As an example, a 30000 mortgage at 4% for 15 years would have a monthly payment of $221.91. Please provide the additional details on your loan terms for a more accurate answer.
A house is the largest purchase most of us will ever make so it's important to calculate what your payment will be and how much you can afford. The mortgage calculator will show you how much your monthly payment will be. It can also show the effect of adding extra payments. Watch our "How To" video on how to use the mortgage calculator.
Your monthly mortgage payment is affected by a couple factors, starting with your down payment. A greater down payment decreases the overall sum of the loan, therefore decreasing your monthly mortgage payments. The interest rate will also affect the total of the home loan and the amount you have to pay every month. If you have a high interest rate, then you will have to pay more on the total loan and every month.
That would depend on the interest rate and the length of the loan. Your payment for a 330,000 loan at 4.5% for 30 years would be $1672.06. If the mortgage was only for 15 years your payment would be $2524.48. If you took the same loan amount for 30 years at 5% your payment would be $1771.51. So it is hard to say what your payment would be without the additional information, but this should give you an idea of how much your payment would be for that amount.
Your average mortgage rate and payment depend on many factors including where you are looking to purchase your house, personal income, and your credit score. Many mortgage companies offer online mortgage calculators that can be useful in determining what your monthly home loan payment will be.
An amortization table would give you the answer. If this is a real life situation and you are in the US you would be getting screwed at this rate of interest.
Option ARM vs. Fixed Rate Mortgage A fixed rate mortgage has the same payment for the entire term of the loan. The Option ARM uses a low initial rate to calculate your initial minimum monthly payment. Although the interest rate will increase after 1 to 3 months, your low payment will remain fixed for the entire year. This can produce a much lower monthly payment than a traditional fixed rate mortgage, or even an adjustable rate mortgage (ARM).
Monthly payment calculators are useful to use to find out how much you need to repay each month on your loan. You can learn more about these from the website of any major bank or mortgage broker.
The average national monthly mortgage payment in the United States was $1,687 in mid 2006. By contrast the average rent was roughly $890. ===What is a mortgage=== A mortgage is the amount of money borrowed from the bank to purchase a house or other real property. The monthly payment amount varies based on: *Total amount borrowed *Length of the mortgage (A standard length is 30 years but can be anything) *Interest Rate (Fixed or variable, market rate and credit history) *Escrow requirements (Based on taxes and insurance and how much money you put down to start with) *Other terms (Balloon mortgage)