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The payment depends on how much you put down and how much they charge for insurance. interest is 5+

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Q: How much the enterest rate today and how much the monthly payment of 400,000 and five years fix?
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Why would a person want to remortgage their home?

Remortgaging a home can lower a monthly house payment. With today's lower interest rates one can save hundreds monthly on a mortgage. Shortening the mortgage term is another reason to remortgage. With lower interest rates one can keep the same mortgage payment, but the length of mortgage is shortened. While the monthly payment may remain the same, the overall term of the loan is decreased.


How can you decrease your monthly mortgage payments?

One of the easiest ways is to refinance especially with how low rates are today. For example, a 300,000 mortgage at 5.5% for 30 years would have a monthly payment of $1703.37. But if you refinanced at 4% for the same amount and term, your payment would only be $1432.25. That is nearly $300/month is savings.


How much is 400000 dollars in 1903 worth today?

12 seconds of minigun fire. Strangework


What is a monthly payment for a house in California?

The monthly mortgage payment data above are pretty amazing. Compared to 2006, the typical California first-time home buyer today saves more than $21,000 annually in housing costs (adjusted for inflation). We hear all the time that median household income is flat or falling, but that doesn't account for the significant savings in housing costs in states like California, at least for some home buyers, especially first-time buyers. Even with no change in median income, some recent, first-time home buyers are experiencing the equivalent of a $21,000 increase in real income compared to 2006.


What percentage of a mortgage payment is the principal?

Most mortgages are fully amortizing. Meaning the pay the principal down to 0 over the term. Many today have special payment schedules that allow lower payments originally, even less than the interest due so the principal even grows while your making payments.On just about any mortgage, the amount of the payment that is principal vs interest changes literally with every payment. You need to refer to an amortization schedule for your specific rate and terms.Standardly at first virtually the entire payment is interest. The last few years virtually the entire payment is principal.

Related questions

Why would a person want to remortgage their home?

Remortgaging a home can lower a monthly house payment. With today's lower interest rates one can save hundreds monthly on a mortgage. Shortening the mortgage term is another reason to remortgage. With lower interest rates one can keep the same mortgage payment, but the length of mortgage is shortened. While the monthly payment may remain the same, the overall term of the loan is decreased.


How much is 400000 dollars in 1959 worth today?

It is worth the same value.


How can you decrease your monthly mortgage payments?

One of the easiest ways is to refinance especially with how low rates are today. For example, a 300,000 mortgage at 5.5% for 30 years would have a monthly payment of $1703.37. But if you refinanced at 4% for the same amount and term, your payment would only be $1432.25. That is nearly $300/month is savings.


Can you give us a sentence with the word payment in?

If we receive your payment today, we will not have to close your account. Dad always pays the credit card payment in full. Since many parents cannot pay the tuition all at once, a monthly payment plan is available. Once you pay the last payment, you'll own the truck free and clear.


If late payment was to be paid today but wasnt can they reposses today?

if payment due today can it be repossed today


How much is 400000 dollars in 1903 worth today?

12 seconds of minigun fire. Strangework


If there is a problem with a Kia dealership which conducted business with a customer and did not honor what was told with whom could help?

A friend purchased a Kia auto-- finance officer included on contract something that she did not want. The contract was redone but now the monthly payment amount is still incorrect at the credit union. She needs to make a payment on the auto but cannot get a new payment with the correct monthly payment on it. She got her financing thru Beacon Credit Union. Beacon says they cannot read their copy off the copy machine. Can you send a good copy to Beacon Credit Union so they will correct the monthly payment amount. My friend does not have a computer and can you call her 713-822-7594 Her payment is due January 28, 2011. Please call today so she can get this resolved.


How do you write a payment letter transfer from company to a person?

We are remitted payment to you today, the balance is USD59,395.


What is payment of goods purchased today due in 30 days called?

Accounts receivable is the payment of goods purchased today due in 30 days. It can also be called loans or allowances.


How do you ask a patient for his co payment?

"I see on your card that you have a co-payment of $25 per office visit. Will that be cash, check or credit card today?"


When is tax payment due if already filed?

The federal income tax payment and most state income tax payments for 2008 are due today, April 15, 2009.


Can I get a loan from Cash Today?

Yes, cash today offers loans to US citizens. It is extremely easy to be pre approved to be able to receive cash or a payment advance loan from cash today.