Alright, here is the deal. My wife and I just committed to buy a home, have been financed, all of the good stuff. We have been able to put away about $20,000 over the last couple of years, and I am struggling to decide how much I should put down initially for the mortgage loan. [...]

I have 7 years left on my mortgage, and want to refi. With the reduction in interest rates, I have calculated that I can get a 5 year for the same monthly cost as my current rate. I have already done the calculations and have factored in closing costs. But, do banks give 5 year [...]

I have a mortgage on £76000 at a rate of 7.44% So in my calculations thats £82,000 but the mortgage people say ill end up repaying £210,000 at £450 a month over 40 years. Can someone explain this to me please? Many Thanks The interest rate quoted is the interest you pay PER YEAR. As [...]

A mortgage company included hazard insurance and property taxc in the calculation of our monthly payment. Im not quite sure if these costs should be a part of the mortgage or part of the coop apt monthly maintenance fee. It’s possible to have hazard insurance in there, but your taxes shouldn’t be, normally that’s in [...]

Would any lender out there give an offer on Lending Tree without making any money? or are there hidden fees. A friend said that they got a good offer, but when my other good friend who works as a Loan Officer did the calculations with the rates etc, they said that the rate given by [...]

My family is finally ready to purchase our first house. I’ve done some calculations with mortgage points and it seems that we would have to own the home for just under 7 years before we earn the money back (ignoring time value of money) So I just wanted to see if 7+ years is normal [...]

What is an appropriate starting offer to place on this home? What is the maximum you would offer to pay on this home? It was up for sale back in November 2006 by the owner, then bank took it over and listed in April 2007 and was at $139,000 now dropped to $133,000. It has [...]

I am using turbotax and trying to just do a rough calculation of my taxes before the end of the year. I need to add a home office deduction. When I add the deduction it wants me to edit my loan information for the house. What are you suppose to edit? First of all I [...]

$25,000 loan, $5,000 down, seven percent interest over ten years, How would I calculate? Go to the link below and use the free calculators. If you need any assistance, email me. I am a rep. addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Fmortgage-calculations%2Fmortgage-calculation’; addthis_title = ‘mortgage+calculation%3F’; addthis_pub = ”;

My question is, are credit scores fixed calculations or based on your relative position in the marketplace of possible debtors? How your credit rating is used is relevant to the market, but the rating itself isn’t, so would change. addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Fmortgage-calculations%2Fif-everyone-in-the-country-missed-a-mortgage-payment-would-everyones-credit-score-go-down-or-stay-the-same’; addthis_title = ‘If+everyone+in+the+country+missed+a+mortgage+payment+would+everyone%26%238217%3Bs+credit+score+go+down+or+stay+the+same%3F’; addthis_pub = ”;