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Are interest only mortgages a good idea?
No, why would you want to pay for interest only on a mortgage and not the principle. In order to pay the mortgage off you have to pay on the principle.
How can you pay off a 30-year mortgage in half the time without changing your monthly payment?
You can't if you go through a typical bank or mortgage company. However, you do have options. You can find a company that lets you pay less in interest and more in principle. I found a company that lets you pay your current monthly payment, but since you pay less in interst, you actually pay more to principle. This principle is put in a Cash Flow account that earns interest. After 15 years, you have enough to pay off your 30 year mortgage. If you keep paying for the remainder of the 30 years, you will then have over $1 million in your Cash Flow account to pay off your home, retire, pay for college, or whatever.
With 1200 dollars to help pay off mortgage which would be quicker pay 1200 dollar towards principle payment once a year or equal amounts of the 1200 dollars added to the principle payment every month?
The earlier you pay down the principal, the shorter the loan, and shorter is cheaper unless there are pre-payment penalties (the bankers have children to feed as well).
What is the first step one should take to get rid of credit card debt?
The first thing you should do to get rid of credit card debt is to pay off as much of it as you can. Use any savings you have first to pay it off and then sell anything of worth that you have but no longer use. Then make sure that you pay off as much of the bill as you can each month.
Is it better to pay off the complete balance on a credit card or continue with monthly payments?
Pay it off. Pay it off. Pay it off. . . Did I say to pay it off? It's better to PAY IT OFF !!!!! Like NOW!!!!
Is it better to pay off the interest or the prinicipal on a loan first?
Make your payments on time and pay as much extra on the principle. That will drop your interest as well. On most payment plans, you are paying the interest first and nothing on the principle. Put as much as you can into it and get it paid off quicker and cheaper.
Are interest only mortgages a good idea?
No, why would you want to pay for interest only on a mortgage and not the principle. In order to pay the mortgage off you have to pay on the principle.
In order to pay off a personal loan early can i just pay off the remaining principle loan or do i have to pay the interest too?
Depends on the terms of the loan. Most will let you pay the principal off early, some will not. Read the loan agreement. Look for the term "prepayment".
What is a pay off loan?
I'm not sure I know what a pay off loan is....... but I do know what it is to pay off a loan.Could mean pay your loan off.orPay the principle balance in full. They will usually deduct some of the finance charge if the loan is paid off early.Commonly found in:*charged off accounts*repossession accounts*complete loss accounts paid off by insurances
What is a pay loan?
I'm not sure I know what a pay off loan is....... but I do know what it is to pay off a loan.Could mean pay your loan off.orPay the principle balance in full. They will usually deduct some of the finance charge if the loan is paid off early.Commonly found in:*charged off accounts*repossession accounts*complete loss accounts paid off by insurances
Can I pay off my mortgage early?
Yes but check with your mortgage company on how to accomplish this. The best way is to pay twice the principle amount owed every billing cycle. Not twice the entire payment but just the principle. If you have plenty of money then apply an additional payment to only the principle equaling your regular payment.
What is financial aid for college?
Financial aid is money you receive to help pay off your expenses. It can be in the form of loans, grants or scholarships. Loans have to paid back later.
How can you pay off a 30-year mortgage in half the time without changing your monthly payment?
You can't if you go through a typical bank or mortgage company. However, you do have options. You can find a company that lets you pay less in interest and more in principle. I found a company that lets you pay your current monthly payment, but since you pay less in interst, you actually pay more to principle. This principle is put in a Cash Flow account that earns interest. After 15 years, you have enough to pay off your 30 year mortgage. If you keep paying for the remainder of the 30 years, you will then have over $1 million in your Cash Flow account to pay off your home, retire, pay for college, or whatever.
Does public aid pay for any cosmectic surgery?
Does public aid pay for breast reductions?
Is first aid training offered for free online?
Yes, on firstaidweb.com, free first aid and free cpr courses are offered. However, you do have to pay to have a certificate either printed from home or mailed to you.
How can I pay my mortgage off quickly?
The best way to pay of your mortgage earlier is to make additional payments soley towards the principle of your loan. Also you could shave off years of payments by making bimonthly payments.
Are the two principles of taxation the benefit principle and the ability-to-pay principle?
true
