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What else can I help you with?
What is her monthly principal and interest payment if Dora is purchasing a 162000 home with a 30 year mortgage at 5.15?
884.56 ApEx :)
What is the formula for calculating a reverse mortgage?
Getting the reverse mortgage on your home entails finding the area the home is located, the amount of the mortgage owed on the home, and the estimate of the home value. It usually helps elderly clients if their home value is significantly more than the mortgage owed, if any.
FHA Mortgage Loan Calculator?
FHA Mortgage Loan CalculatorUse this calculator to determine the maximum FHA mortgage that would be allowed for your home purchase and an estimate of your required downpayment and closing costs. This calculator is designed to determine the mortgage FHA limit for a particular purchase, not the maximum allowed for any home in your state and county. To determine the maximum purchase price for your area you should use https://entp.hud.gov/idapp/html/hicostlook.cfmat the HUD.gov. Then use the calculator below to determine the required downpayment and FHA mortgage limit.-
If you take a home loan for 250000 toady at a 7 fixed rate for 25 years how much will the monthly payment be?
To calculate the monthly payment for a home loan of $250,000 at a fixed interest rate of 7% over 25 years, you can use the formula for a fixed-rate mortgage payment, which is ( M = P \frac{r(1 + r)^n}{(1 + r)^n - 1} ). Here, ( P ) is the loan amount ($250,000), ( r ) is the monthly interest rate (7% annual rate divided by 12 months, or approximately 0.005833), and ( n ) is the total number of payments (25 years times 12 months, or 300). Plugging in these numbers, the monthly payment comes out to approximately $1,755.74.
Mortgage Calculator?
To find a good mortgage calculator you could go to sites like, www.mortgagecalculator.org or www.mortgage-calc.com, I think they work very well, otherwise you could go to google.com and search Mortgage calculator for some very trustworthy sites. Good luck!
What will the monthly mortgage payment be on a $115,00 home mortgage in Volusia County, Florida at 3.5% interest for 30 years?
You can figure out the mortgage payment by using a mortgage calculator tool to breakdown the monthly payments over time. I would input the details to get the final figures.
Can you use a second mortgage as a down payment?
You can use a 2nd mortgage on a home for the down payment of another home. The payment for the 2nd mortgage will need to be added to your debt ratios.
If I want to invest in homes, what would the mortgage financing be?
You can use an online mortgage finaciing site that will calculate what you mortgage payment, closing costs and initial insurance costs would be for the home that you are looking at.
Who do you make your Wells Fargo mortgage payment payable to?
wellsfargo home mortgage
What is the monthly payment on a home on Hibiscus Island in Miami?
First you need to know the purchase price of the home and then figure out the amount of the mortgage you will take out on it. Use a mortgage calculator (bankrate.com is a good one) to estimate what the payments will be. The actual payments will depend on what interest rate you get from your lender and what expenses you choose to include in the payment, such as property tax and home owners insurance.
Do you need a home mortgage calculator before buying a home?
no but it can help you figure out how much you would pay and how much you can afford.
How do banks calculate mortgages and mortgage payments?
Banks will often use the term of the loan, the downpayment, the total cost of the home, your personal interest rate, yearly property taxes as well as yearly homeowner's insurance to calculate the mortgage and the mortgage payments. There are many sites that have mortgage calculators, which include many of the variables that you can enter to figure out exactly what your payment would be.
Where can I calculate my home mortgage payment?
Mortgage payments can be calculated by the bank the mortgage is financed through. To do this on your own, there are websites with mortgage calculators such as calculators.bankrate.com.
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.
What is a mortgage payment calculator?
A mortgage payment calculator will calculate your monthly mortgage payments. You can find a full list of helpful information at: www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx
What are different types of mortgages, and which is right for me?
A sub prime mortgage is a mortgage that would be right for you if you are looking to pay a lower prime rate for your payment after buying your new home.
How does a reverse mortgage purchase work?
Similar to a purchase with a regular mortgage. The difference is that you need a large enough down payment to qualify, and you won't ever have to make a mortgage payment on the new home.
