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How much is the Average size of mortgage in US?
As of Q2 2010 the Average mortgage in the US was $193,800.
What is the average price for apartment rent or mortgage a month?
Depends widely on what region one is going to rent or buy. Rent and Mortgage are two completely different things. What may be cheap rent in one part of the country may be three times more in another. The prices vary that much and are "regional".
Can you write off mortgage interest if you rent?
I'm not trying to be difficult, but I don't understand how you HAVE mortgage interest if you rent. You carry a mortgage on your rented home?
What is the monthly cost for rent or mortgage?
About tree-fiddy
Can the husband rent the house if he has the mortgage in just his name if they both share the deed of trust?
Yes, the husband can rent the house if he has the Mortgage in his name but the Deed of Trust is shared.
Why is rent typically higher than a mortgage payment?
Rent is typically higher than a mortgage payment because when you rent a property, you are paying for the use of the property without building equity or ownership in it. Landlords also factor in property taxes, maintenance costs, and potential profit when setting rent prices, which can make it higher than a mortgage payment.
How can you use mortgage in a sentence?
Mr James had to take mortgage to pay his rent in two weeks time.
What is the national average right now for mortgage interest rates?
The national average for a 30 year fixed mortgage rate is 4.89%. This rate can either increase or decrease depending on the loan ammount. As of March 6, 2010, the national average mortgage interest rate for a 30 year fixed rate loan is 5.31%. The national average mortgage interest rate for a 15 year fixed rate loan is 4.68%.
Is mortgage an example of annuities due?
No, mortgage payments are due in the beginning of the month like rent; however, the mortgage payment covers the previous month's interest and principle on the mortgage loan. Rent is an "annuity due" because it is paid in adavance to cover the next 30 days to follow.
If you took out a conventional mortgage when can your rent out the property?
after 1 year
What exactly are homes for rent to own?
Homes that you rent to own are when you start off with just paying rent, not having to worry about falling behind on a mortgage. Eventually, as you become more secure, you switch over until you are paying a mortgage for the home.
What is the difference between a mortgage and monthly rent?
Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.
