GriffinsNC asked:


I got a mortgage on 1/24/07. Bank said our first payment was due on 4/12. I have paid on time (early actually) every month and the first 2 months payments went entirely to interest. Every mortgage amortization calculator I’ve found says that SOMETHING should be applied to interest. When I called the bank (Wachovia), they said my interest is compounded daily.
Should I look to refinance somewhere else??

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Jokey Smurf asked:


Let’s just say….
Combined monthly gross $6,704.00
30 year term @ 6.5% average interest rate
(0 to $10,000 down)
Excellent credit scrore

Also….what % is expected to put as a down payment?

(not looking at other expenses right now)

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Jennifer C asked:


I have seen the calculators on the internet that figure out based on your income and your monthly debt, but are there any other factors that are taken into consideration?

(I have a GOOD credit Score)

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J. Allen B asked:


How much can I afford ?

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project_twenty9 asked:


like the one posted on this page… http://www.tnbsolutions.com/mtgcalculators/view.php?i=11171000

I’m putting together a website.

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