How do you know how much house you can afford, based on your income?
October 27, 2007
venicefl13 asked:
the old addage 2.5 times your income i heard was not that accurate. Any help is apprecaited, thank you so much!!!!!!1
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the old addage 2.5 times your income i heard was not that accurate. Any help is apprecaited, thank you so much!!!!!!1
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When calculating payments on a mortgage calculator- I see 6% rate, does this mean taxes? And if so?
October 24, 2007
♥ Diana asked:
does this mean the city’s annual taxes? Or is that something different
Also, what is the average interest rate percentage?
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does this mean the city’s annual taxes? Or is that something different
Also, what is the average interest rate percentage?
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How do I work out the APR value in my mortgage using a calculator?
October 23, 2007
James W asked:
E.g $150K Mortgage over 30 years at 6% APR (fixed).
E.g $150K Mortgage over 30 years at 6% APR (fixed).
Please show what you typed in the calculator!
Many Thanks
Algebraic Calculator!
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If I want to take out a mortgage with 6.5% for 200k. even though the mortgage calculator states?
October 21, 2007
BR asked:
that I am paying 568k over 30 years… would I be paying only 200 if I make a few payments and then pay it all off in cash? In other words, am I only paying principal if in a year I decide to pay off my loan or am I obligated to paying the remainder of the interest even though I don’t have a loan anymore?
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that I am paying 568k over 30 years… would I be paying only 200 if I make a few payments and then pay it all off in cash? In other words, am I only paying principal if in a year I decide to pay off my loan or am I obligated to paying the remainder of the interest even though I don’t have a loan anymore?
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How much can I afford on a New House/Condo? (first time buyer)?
October 13, 2007
James G asked:
Hello everyone,
Hello everyone,
I am really interested in buying a house soon (or a condo if I can’t afford a house). I am not married, I have no dependents, I currently have a 690 FICO score, no debts, first time buyer, and I make 36,000 a year. Also, I don’t have any cash for a down payment.
What kind of loans are available to me? What is the max I can spend? Any suggestions/tips would be greatly appreciated!
Also, I live in Central California if that helps!
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where can i find a mortgage interest cancellation calculator online?
October 9, 2007
Bobby B asked:
i am looking for a calculator to assist me in deciding on whether or not to get a second lein line of credit to help pay down my mortgage faster.
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i am looking for a calculator to assist me in deciding on whether or not to get a second lein line of credit to help pay down my mortgage faster.
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How much could I afford for a house mortgage?
October 9, 2007
Eric H asked:
I make 2700 a month and have no outstanding debts and a credit score of 740.
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I make 2700 a month and have no outstanding debts and a credit score of 740.
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Josh Dunaway has been a certfied Realtor in the suburban Chicagoland area for over 20 years. Aside from starting his own real estate company, he also owns a mortgage company as well.