The total payment wouldn't change.
You might check with your bank however to see if there was insurance to pay off the house if he died though.
Talk to your bank.
The monthly cost of senior assisted living is about $500
average monthly cost of living in alabama
You can refinance as soon as you would like to. Let's assume you are trying to refinance to lower your monthly payment. The variables you want to understand are 1) what is your current rate and payment?, 2) what would be the future rate and payment?, 3) what are the closing costs associated with the loan? and 4) how long will you plan on living there? Essentially, you are looking at a return on investment. The investment is the closing cost of the loan (points, fees, title search, etc.). The return on that investment will come to you in monthly installments in the form of a lower mortgage. What you want to do is understand what the reduction in your monthly payment will be. Then, get an understanding of your total closing costs. Divide your total closing costs by the net reduction in your monthly payment and this will tell you how many months it will take to breakeven on your refinance investment. Keep in mind, the above scenario is comparing "like kind" loans (30 yr. fixed vs. 30 yr. fixed).
The noun rent is a payment made to lease a space or item. The most common use is for living spaces (such as apartments) paid for on a monthly basis.The adjective "rent" (to rend) applies to something that is torn open or apart.
No. Not unless the individuals living circumstances change (e.g.: the recepient goes to prison and no longer needs the supplement payment).
SSI (supplemental security income) program for low income people to help with the necessary living expense and SSI is not a part of the social security benefit insurance program.The federal payment amount in 2010 per month for an individual is $674 and some states do add to this amount.Go to the SSA gov website and use the search box for Monthly federal SSI payment (maximum)
Legally, she is an adult. However, she is living in your home. If she doesn't want to live by the rules of the house, she doesn't have to live there. She is certainly allowed to move out and pay for her own place. Or maybe you would exchange some of her freedoms for a monthly rent payment.
If you mean the age at which you BEGIN to draw Social Security Retirement, yes. If you wait longer, your monthly payment is greater. However, once you begin to draw benefits, the monthly amount stays the same, except when there is a "cost of living" increase.
Eliza's brother, Matthew, was a lawyer and worked in the city of Philadelphia.
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No.
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