0
What else can I help you with?
What are your monthly payments?
Monthy payments are payments you make every month, like a house payment, loan payment, water, electric, gas (for heating), phone, insurance if you pay monthly, etc.
How would a balloon payment effect interest on a loan?
how would a balloon payment effect interest on a loan
What is monthly payment on 330k mortgage?
That would depend on the interest rate and the length of the loan. Your payment for a 330,000 loan at 4.5% for 30 years would be $1672.06. If the mortgage was only for 15 years your payment would be $2524.48. If you took the same loan amount for 30 years at 5% your payment would be $1771.51. So it is hard to say what your payment would be without the additional information, but this should give you an idea of how much your payment would be for that amount.
Why would one need loan payment insurance?
Loan payment insurance may cover one for a variety of unplanned events. These may include loss of job, ill health, death or changes to financial situations. Loan payment insurance may cover either the interest on a loan, for a set period, or the loan payment in full.
What would happen to a monthly payment if the interest rate increased?
Either the monthly payment would have to increase or the period of the loan.
what would the payment be on a fixed home loan at 5 percent?
please specify or tell me your loan amount
What kind of down payment is needed for a home loan?
The average down payment for a home loan is often twenty percent of the purchase price. For example a down payment on a home of $200,000 would be $40,000.
Where can one obtain a bad credit home loan with no down payment?
It is not possible for someone with bad credit to obtain a home loan with no down payment. They would need to have a 5% minimum down payment and collateral.
What is the monthly payment on 62000.00?
To determine the monthly payment on a loan of $62,000, you need to know the interest rate and the loan term (in months). For example, with a 5% annual interest rate over a 10-year term, the monthly payment would be approximately $659.96. You can use a loan calculator or the formula for an amortizing loan to find the exact payment based on your specific terms.
How can one find the principal payment on a loan?
To find the principal payment on a loan, subtract the interest payment from the total payment made each period. The principal payment is the portion of the payment that goes towards reducing the original loan amount.
How do you use a home loan calculator?
You enter in data which generally includes: loan amount, loan term, interest rate, and down payment. The calculator determines approximately what your monthly mortgage payment would be based on the data.
How can you lower loan payment for car?
You can lower your loan payment by refinancing your car loan. You can also negotiate with your current lender and see if he can reduce your payment amount.
