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Lomans have to make only one more payment to pay off?

Updated: 8/17/2019
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Fakbrkarm

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14y ago

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the mortgage on the house.

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14y ago
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Q: Lomans have to make only one more payment to pay off?
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The Lomans have to make only one more payment to pay off what?

the mortgage on the house.


The Lomans have to make only one more payment to pay off?

the mortgage on the house


Do you say make a payment or make payment?

It depends on what you want to say. The article "a" places the focus on the specific payment being made, usually in a series of payments: "I made a payment only yesterday!" "I make a payment only when I think of it". Without the article, the focus is more diffuse, more general, and may even imply full payment: "You should make payment immediately." "I made payment as soon as I received the invoice." As is often the case, though, there is no hard-and-fast rule about which should be used when ...


Do you say make payments or makes payment?

It depends on what you want to say. The article "a" places the focus on the specific payment being made, usually in a series of payments: "I made a payment only yesterday!" "I make a payment only when I think of it". Without the article, the focus is more diffuse, more general, and may even imply full payment: "You should make payment immediately." "I made payment as soon as I received the invoice." As is often the case, though, there is no hard-and-fast rule about which should be used when ...


Do you only have to make 1 payment for minecraft?

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If a company will not take your cash payment do you still owe the money?

Yes, but it's strange they won't take cash. Try to find out what form they want payment in, and then try to make payment that way. If cash is the only way you can do it, call them and ask how to make a payment in cash.


If you have made a payment arrangment can your car be repossessed?

Only if you have failed to make the agreed payments on time.


You only have enough money to make your credit card payment or house payment Which should you do?

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Can a car be repossessed for not having tags?

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In Oregon if you make a payment on your loan can they repossess 2 weeks later if the payment only brings the account from 90 to 30 days past due?

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Does it benefit you if you have an interest only loan to pay extra toward your principle?

Yes. The interest only loan is simply that. You are only paying the interest on your loan. None of your payment is going toward the principle loan amount. The main advantage of an interest only loan is the drastically low monthly payment that you make compared to a traditional mortgage. Most of the interest only loans are based on a 10yr. term and MUST be paid off at that time. Most borrowers refinance at the 10yr. mark. This program is offered to borrowers with very good credit. A smart borrower knows that in the early years of a traditional mortgage his payment goes almost entirely toward interest. Gradually over the life of the loan his payment will go more and more to principle until near the very end of the loan almost all of the payments he is making will be going toward principle. The interest only loan can be used to drastically increase the amount of your payment that goes to principle in the first 10 yrs.. Here's how. Keep in mind that these are not accurate numbers and are being used to make it simple for this answer. Let's say your current payment is $1200/mo. Out of that $1200 only $50 is going toward principle and the rest goes to interest. You choose to refinance with an interest only loan and your new payment is $750/mo. This reduces your monthly payment by $450/mo. Out of the new $750/mo. payment NOTHING goes toward principle. The savvy borrower pays $1000/mo. instead of the required $750 and $250/mo. goes toward principle. This is $200/mo. more going toward principle than the traditional mortgage where only $50 was going to principle. It is also $200/mo. less than you were payingbefore. So your monthly payment is lower and you are chipping away at the principle of the loan much faster at the same time. Do some math and you will see how much faster your loan amount decreases compared to a traditional mortgage. Another advantage of the interest only loan is that you are only required to make the $750/mo. payment. So if things are tight one month...you can just make the interest payment. It only takes a little gumption to make this work for you. I am a licensed Loan Officer and have seen first hand the benefits of this program when it is used properly. Hope this helps.


Explain why it is unwise to make only the minimum payment on your credit card?

becuase your only paying the intrest you owe helping with merit bdge i hope ;)