0
24
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What affects the size of your monthly mortgage payment?
Your monthly mortgage payment is affected by the amount of the loan, the interest amount, and the length of time of the mortgage.
What size of mortgage can you get with a 23000 per annum salary?
how much mortgage will i be given on £23k per annum
What is the definition of mortgage decreasing term asurance?
Mortgage decreasing term assurance is a type of mortgage life policy. The size of the policy decreases as the outstanding balance of the mortgage reaches zero.
What is financial leverage ratio?
Leverage is using debt to finance investments.Leverage ratio is the ratio between the size of the debt and some metric for the value of the investment.There are several financial leverage ratios, for companies the debt-to-equity ratio is the most common one: Total debt / shareholder equity.As an example we can use the debt-to-equity ratio for a home with a market value of $110,000 and a mortgage of $100,000: Debt is $100,000 and equity is $10,000 (market value minus debt), giving a debt-to-equity ratio of 100,000/10,000 = 10.The general idea is that very low leverage means that a company isn't growing as quickly as it could, while a very high leverage means that a company is vulnerable to temporary setbacks in sales or increases in interest rate.What is considered a 'good' ratio varies quite a bit between different types of business.See also related links.
What is the average house mortgage rate?
There are many factors that can play into your house mortgage rate such as age and credit history as well as the size of your loan. On average, a mortgage will run you about 3% to 4.5%
What is the size of the total household mortgage debt in US?
March 2008-10.6 Trillion
What is a good price for commercial mortgage lenders?
Rates for commercial mortgage lenders can depend on a large amount of variables. Market conditions, type of business, size of the business, type of mortgage options included and many more features will influence what the average prices would be.
Pros and Cons of Mortgage Refinance Debt Consolidation?
If you find yourself in a situation where your credit card and car loan debt is starting to get out of control, one way to help reduce the burden is through the use of mortgage refinance debt consolidation. This type of loan can also be referred to as a cash-out refinance loan. The way that the process works, essentially, is that you exchange equity in your home for cash which can be used in order to reconcile other debt. By taking advantage of mortgage refinance debt consolidation, there are two primary benefits that you receive in exchange. One of the biggest benefits is the fact that you convert the high interest debt owed to a credit card or a vehicle into mortgage debt, which almost always has a much lower interest rate. The result is that you will be able to make smaller payments each month in order to pay off all of your existing debt. A secondary benefit is the fact that the interest that you owe on mortgage debt is partially tax deductible. This means that your short term costs will be even lower as a result. Despite this, there are also some significant disadvantages to mortgage refinance debt consolidation as well. First off, your largest debt owed is most likely already your home. This type of loan increases the size of this debt to an even larger amount. If you find yourself in a situation where you will not be able to make the payments on your home, you could risk losing it altogether. In addition to this, when you exchange short term debt with a high interest for long term debt with a low interest, you end up increasing the lifetime cost of your overall debt. The increase in your overall debt payments can be quite significant. If you are not moving to a lower interest rate, refinancing your mortgage can also be fairly expensive. Whether or not mortgage refinance debt consolidation makes sense for you will depend on your unique circumstances. If your monthly payments are simply getting too high, it might be the best option. If, on the other hand, you are hoping to reduce the total amount of money you will spend on debt during your lifetime, you will want to pursue other options.
What is the size of the mortgage market in California?
322metres
How much is the Average size of mortgage in US?
As of Q2 2010 the Average mortgage in the US was $193,800.
What affects the size of your monthly mortgage payment?
Your monthly mortgage payment is affected by the amount of the loan, the interest amount, and the length of time of the mortgage.
What size of mortgage can you get with a 23000 per annum salary?
how much mortgage will i be given on £23k per annum
What is the definition of mortgage decreasing term asurance?
Mortgage decreasing term assurance is a type of mortgage life policy. The size of the policy decreases as the outstanding balance of the mortgage reaches zero.
What is a good way to get a cheap home mortgage?
A good way to get a cheap home mortgage is by buying a home that is small. The larger the house, the more the mortgage will cost. The mortgage depends on the size of the house.
How much is mortgage or rent for a month?
Where? It varies by the location and the size. Is this residential or commercial? You can get a 1 bedroom apartment in the Detroit Suburbs for about $600 a month. In New York City it would be more like $2000 a month.
What is financial leverage ratio?
Leverage is using debt to finance investments.Leverage ratio is the ratio between the size of the debt and some metric for the value of the investment.There are several financial leverage ratios, for companies the debt-to-equity ratio is the most common one: Total debt / shareholder equity.As an example we can use the debt-to-equity ratio for a home with a market value of $110,000 and a mortgage of $100,000: Debt is $100,000 and equity is $10,000 (market value minus debt), giving a debt-to-equity ratio of 100,000/10,000 = 10.The general idea is that very low leverage means that a company isn't growing as quickly as it could, while a very high leverage means that a company is vulnerable to temporary setbacks in sales or increases in interest rate.What is considered a 'good' ratio varies quite a bit between different types of business.See also related links.
What happens after a lien is filed on your home?
You will be notified of the lien/debt. In order to clear the home title (i.e.- for sale, or refinance, etc) the lien/debt will have to be satisfied. Depending upon the size of the lien and the circumstances, the lien holder may be able to force a sale of the property in order to collect the debt. It also depends on the lien holder's position. Priority is given to a tax lien, then the 1st mortgage, 2nd, etc.
