You might be able to refinance your home. This means lower mortgage payments every month. There are some programs like Home Affordable Refinance Program (HARP) that can help you refinance if you can't due to a low value of your home.
I have a balloon mortgage payment and i lost my job how can i get help
An online mortgage calculator can help you determine your mortgage payment, and total outlay over the period of the mortgage. This type of tool can help you set up your payment schedule. I would suggest that you start first with the calculator on your lender's website. That information should be closest to the conditions for your mortgage. There are also many generic mortgage calculators including one at mortgagecalculator.net.
Yes, a higher down payment is typically needed to get a mortgage with bad credit. A down payment of 25% or more will help to get a lower interest rate.
A mortgage payment is an agreement entered into with a lender, which the borrower pays a monthly "mortgage" payment until the dept is repaid. To figure out what your actual payment would be, you can use many mortgage calculators, plugging in your specific interest rate and amount borrowed. See related links for the one I use.
A mortgage alliance is an alliance which will help you to pay your mortgage, in most cases by having a money buffer. They will help you in times you cannot pay it to make it possible to delay the payment.
i am two months behind on my mortgage. can the lender refuse to take one payment?
The mortgage payments must be made or the lender will foreclose the mortgage.
A mortgage payment calculator can help provide a rough estimate on the future of your investments; however, it cannot be thoroughly relied upon when making such a decision, as the housing market can take unexpected turns.
Yes, there is a paperback book on mortgage amortization at Amazon.com The name of the paperback book is called "The Mortgage Payment Handbook". The guide will help a person determine a monthly loan, and mortgage payments.
I have to make a payment on my mortgage.
One option to shorten your mortgage payment, is to pay larger sums. This will allow you to take some money off of your principal, essentially lowering your overall interest.
There is only one payment left.