Question by bjm_116: mortgage??
if i buy a home of $ 350,000 detached / semidetached and 10,000 down payment then how much mortgage will i have to pay every month????
thanks for the answers 
well if not 10,000 then wat abt 20 or 25 ?
Best answer:
Answer by Min
depends on your interest rate
lets say you did a 30 year 5% fixed
1825.19 would be your monthly
http://public.propertylinx.com/custom/templates/mortgage_calculator.asp?price=350000
here’s a calculator.. toss around your own numbers.
Add your own answer in the comments!
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Reasons to Pay Off Your Mortgage Early
Many homeowners pay their mortgage month after month without a thought. Little do they know that if they put just a little extra effort to pay off their mortgage early they would reap enormous benefits. The reasons to pay off your mortgage early are both financial and emotional but they are all worth while. So forget what you have heard about a mortgage being ?good debt?. Find out why getting rid of our mortgage is the better option.
It Saves Interest
Let us pretend that you have a $ 100,000, 30 year home loan at 6% interest.. If you continued to live in that home and never paid any extra on your mortgage for the full 30 years, you will have paid $ 251,722 for your home. That is $ 151,722 in interest alone. If you had worked hard and paid that same mortgage off in 15 years, you would have kept $ 35,884 in your pocket. That is only $ 245 extra paid toward your mortgage every month. So why waste all of that money on interest?
Reduces Expenses During Retirement
If you are able to get your mortgage paid off before it is time for you to retire, the money that you have saved for retirement will go much farther. Since housing costs is typically the biggest expense in a household budget, that is a significant amount of money that can be used for other things you may want to do. Not to mention that when money is tight, you will never have to worry about someone kicking you out of your home.
Minimizes Risk if Selling is Needed
Even when life happens and you need to move before your mortgage is paid off, there is still a benefit for you. The amount of money that you paid toward the principle on your mortgage will make it less likely that you will be upside down when it comes time to sell. This means less financial risk when you need to move because of a change of jobs or life circumstances.
Gives Some Security
Once your mortgage has been paid off and you are the only holder of the deed for your home, you have the benefit of security. You will never have to worry about being foreclosed on if you lose your job. You will always have a place to lay your head at night and call your own. This security is something that cannot be financially measured but it is a feeling that is well worth the effort.
Still not sure if paying off your mortgage early is worth it? Start running your mortgage information into an early payoff calculator that you can find online. After seeing how much you can save over the lifetime of your loan, think about how good it would feel to own your home free and clear. Now start finding money that you can put toward your mortgage every month. Every dollar that you pay will get you closer to paying your mortgage off early.
Written by Catherine Woods
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Question by bjm_116: mortgage??
if i buy a home of $ 350,000 detached / semidetached and 10,000 down payment then how much mortgage will i have to pay every month????
thanks for the answers
well if not 10,000 then wat abt 20 or 25 ?
Best answer:
Answer by Min
depends on your interest rate
lets say you did a 30 year 5% fixed
1825.19 would be your monthly
http://public.propertylinx.com/custom/templates/mortgage_calculator.asp?price=350000
here’s a calculator.. toss around your own numbers.
What do you think? Answer below!
Bankruptcy Mortgage Book
How To Get A Home Mortgage After A Bankruptcy Or Other Major Credit Challenge.
Bankruptcy Mortgage Book
Need Mortgage Info…now!!!
Not Just An Ebook, But A Detailed Program That Guides You Through The Entire Home Buying/mortgage Process Step By Step. I Will Show You What I Have Shared With Thousands Of Clients-saving Time, Money, And Stress-helping You To Survive The Credit Crisis!
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Bankruptcy Mortgage Book
How To Get A Home Mortgage After A Bankruptcy Or Other Major Credit Challenge.
Bankruptcy Mortgage Book
Need Mortgage Info…now!!!
Not Just An Ebook, But A Detailed Program That Guides You Through The Entire Home Buying/mortgage Process Step By Step. I Will Show You What I Have Shared With Thousands Of Clients-saving Time, Money, And Stress-helping You To Survive The Credit Crisis!
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Question by bjm_116: mortgage??
if i buy a home of $ 350,000 detached / semidetached and 10,000 down payment then how much mortgage will i have to pay every month????
thanks for the answers
well if not 10,000 then wat abt 20 or 25 ?
Best answer:
Answer by Min
depends on your interest rate
lets say you did a 30 year 5% fixed
1825.19 would be your monthly
http://public.propertylinx.com/custom/templates/mortgage_calculator.asp?price=350000
here’s a calculator.. toss around your own numbers.
What do you think? Answer below!
Bankruptcy Mortgage Book
How To Get A Home Mortgage After A Bankruptcy Or Other Major Credit Challenge.
Bankruptcy Mortgage Book
Need Mortgage Info…now!!!
Not Just An Ebook, But A Detailed Program That Guides You Through The Entire Home Buying/mortgage Process Step By Step. I Will Show You What I Have Shared With Thousands Of Clients-saving Time, Money, And Stress-helping You To Survive The Credit Crisis!
Need Mortgage Info…now!!!
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Mortgage Ripoffs and Money Savers: An Industry Insider Explains How to Save Thousands on Your Mortgage or Re-Finance
Mortgage Rip-offs and Money Savers reveals how the mortgage industry cheats borrowers out of billions in extra costs every year. Mortgage industry insider Carolyn Warren taps her decade of experience with lenders to expose the tricks, lies, and dirty little secrets they don’t want you to know. With her expert guidance, borrowers will save tens of thousands when they avoid the traps so many consumers fall into. Having this inside information is the only way borrowers can truly get the best possib
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Need a mortgage but worried about the market? In Mortgages For Dummies, 3rd Edition, bestselling authors Eric Tyson and Ray Brown give you proven solutions for obtaining a mortgage, whether you want to buy your first home, refinance, or tap into your equity. You get the latest on sub-prime and adjustable-rate mortgages, finding the best lender, avoiding fiscal pitfalls and foreclosure, and much, much, more!This easy-to-understand, objective, and jargon-free guide helps you fine-tune your finance
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(PRWEB) May 13, 2012
The Nashville, Tennessee based company, Nashville Home Rescue, is rolling out a new investing program to help Nashville homeowners who may be facing foreclosure. The program is designed to offer area property owners who can no longer afford their mortgage payments, and who may be in danger of falling victim to foreclosure, get the assistance they need to sell their home quickly for the necessary amount of money and avoid foreclosure.
This Nashville home investing company developed their initiative to help homeowners stop foreclosure issues after an alarming number of Nashville area property owners found themselves in risk of potential foreclosure due to the down economy. The company added this program to their existing list of investing services. With the program, the investors at Nashville Home Rescue offer property owners an instant cash offer for their homes, regardless of the property?s condition.
The program matches home owners with buyers willing to pay cash in as little as 24 hours, giving property owners a quick and reliable offer that will prevent the need for foreclosure. The foreclosures program is designed to help homeowners get enough money for their home to avoid foreclosure issues. Many of the transactions set up through the company?s initiative will be completed in a matter of days.
Nashville Home Rescue is a home investing company that offers area homeowners full cash offers on their property. The company was established to help Nashville area residents get the quick cash offer they need to avoid bankruptcy, sell their homes quickly and to stop foreclosure. For more information, please visit http://www.nashvillehomerescue.com
JK Lasser’s Guide for Tough Times : Tax and Financial Solutions to See You Through (J.K. Lasser Guide Ser.)
Tax/Personal FinanceA realistic look at some of the best tax-saving opportunities available in a down marketThe challenges of today’s economic environment go far beyond a volatile stock market. Things have changed dramatically in the worlds of housing, credit, and employment as well. And while these events will undoubtedly affect us, there are numerous tax-related and financial solutions that can help you weather this economic storm.Filled with in-depth insights and expert advice, J.K. Lasser’s Guide for Tough Times details the essential strategies that will see you through this current market, and help you handle several key aspects of your personal and financial life, including:Investing for today’s market by going for yield and protecting your retirement savingsHandling homeowner issues such as dealing with tapped out home equity and sales at a lossManaging your everyday needs by stretching the dollar and tackling credit card debtReaching educational goals with no/low cost alternatives, scholarships, and IRAsRecovering from losing a job, and making the most of tax rules for severance packages, unemployment benefits, and job-seeking expensesAnd much moreJ.K. Lasser’s Guide for Tough Times will also help you rediscover several programs and regulations that have been in place for years, but were overlooked during the great bull market. And it will introduce you to various steps the government is taking—including credits for small businesses, mortgage relief, stimulus packages, and more—to deal with an economic downturn.While you may be concerned about the current state of the economy, there are things you can do to improve your situation, and J.K. Lasser’s Guide for Tough Times will show you exactly what they are.
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The Essential Handbook for Buying a HomeBuying a home should be fun and easy. You’ll start with a ton of questions-inside this book are the answers! What you’ll learn: Ho…
The Essential Handbook for Buying a HomeBuying a home should be fun and easy. You’ll start with a ton of questions-inside this book are the answers! What you’ll learn: Ho…
Your Successful Career as a Mortgage BrokerMortgage banking is one of the fastest growing industries in the country. In the next few years, home purchases are expected to …
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