it would be $5.00 per week
the amount of money you have borrowed from the bank which you must pay back over 25+ years.
An amortization table would give you the answer. If this is a real life situation and you are in the US you would be getting screwed at this rate of interest.
The average national monthly mortgage payment in the United States was $1,687 in mid 2006. By contrast the average rent was roughly $890. ===What is a mortgage=== A mortgage is the amount of money borrowed from the bank to purchase a house or other real property. The monthly payment amount varies based on: *Total amount borrowed *Length of the mortgage (A standard length is 30 years but can be anything) *Interest Rate (Fixed or variable, market rate and credit history) *Escrow requirements (Based on taxes and insurance and how much money you put down to start with) *Other terms (Balloon mortgage)
how much would a 82000 mortgage be over 20 yeras
If you just went through a foreclosure I know of no one that will give you a mortgage for a number of years. I tell people to sell the home before it goes to auction.
It would take 100000 years.
What can a mortgage company do if mortgage has not been paid in 4 years
You would probably have to ask this question to a expert as they would be able to financially help you to pay off your mortgage 10 years sooner as you requested.
For how many years I can get my mortgage? (25,30, 35 or 40 years in Canada)
5.704 years (rounded)
About 8 years and 4 months.
You have the option to get a mortgage insurance for the length of your mortgage contract, or you can choose 10 years, 15 years, 20 years, 40 years, etc.