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My fiance and I try to see whether it would be cheaper to rent an apartment or just buy a house .. and we found a good way to be $ 60,000, how much would it per month?
I am looking to buy a house and the agency that I look like mortgage calculator on their website. Here are the numbers.
Home Price: $ 100,000
Deposit: 5000
Loan Term: 30 years
annual interest rate: 5%
Monthly payment: 510 USD … How exactly does that sound. Is what I pay each month?
In: Mortgage
30 May 2010There are a million mortgage calculators out there. I’m trying to figure out what other costs will be involved in owning a house, ie. taxes, home owners insurance, etc. So, a mortgage calculator is telling me that I would pay about $900 a month for a 30 year mortgage on a $150,000 house. [...]
I know this is a personal question, but it seems like something that could be helpful. I hear a lot of “how much can I get with such and such conditions”, and generally people will get pointed off to some mortgage calculator. They are helpful, but putting in the same stats I have [...]
In: Mortgage
21 May 2010How do I use the mortgage calculators that they have online if I dont know how much my monthly insurance or property taxes will be? I am trying to see approx. how much my monthly house payment would be after property tax and insurance?????
In: Mortgage
20 May 2010I am just looking and I found a condo in Gilbert, AZ for $165,000 that I am interested in.
I was just wondering what the average mortgage payment for a property of that amount is. I do not have $$$ for a substantial down payment but I am a first time buyer and I know [...]
I will be soon in the market to buy my first house in the next 6 months. I can either try for a 30 year mortgage for 6% or a 40 year one for 7%. My wife and I are newly out of college and are looking for a house that is about [...]
In: Mortgage
18 May 2010What is the calculator used by mortgage and credit card companies when they “weigh” out income vs. expenses:
Thanks to the new obama plan; mortgage and cc companies do this for people who have hardships/ financially distress to determine a lower payment every month and lower the interest rate…etc.
The reason i want to use one [...]
In: Mortgage
15 May 2010please see this link which I used to figure how much house I can afford.
http://www.thestreet.com/static/calculators/index.html?CALCULATORID=HF09&TEMPLATE_ID=www.thestreet.com_2
the “show payment schedule without getting tax benefit”? What are they really asking here? How would I know if I were to get this or not?
Thanks
In: Mortgage
13 May 2010I’m in the process of purchasing a home. The house is $120,000.00 and the taxes are $3836.00 annually 100% financing @ 5.2%. It is mandatory that the taxes are included in my mortgage payment, says my lender. So my question is how is it factored in…I’m confused by how that works. What would be my [...]
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