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amortization

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lynmer Guest 0.10 Dollars($)	Posted: Wed Jan 09, 2008 10:48 pm    Post subject: asking for monthlypayment of mortgage if i borrowed the amount of 90.000 dollors how much ius my monthly payment of 7.5%
Mac_7 Guest 0.10 Dollars($)	Posted: Thu Jan 10, 2008 2:22 am    Post subject: Is it a fixed rate loan?
sara Joined: 05 Jul 2006 Posts: 1063 Location: New Brunswick, New Jersey 201.78 Dollars($)	Posted: Thu Jan 10, 2008 2:27 am    Post subject: RE: amortized monthly payment Hi Lynmer, Welcome to the forums. If you have taken a fixed rate mortgage (FRM) of $90,000 at 7.5%, then using the FRM Calculator, the monthly payment comes out to be $1068.32 (considering that the time priod for the loan repayment is 10 years). You can use the exact loan period and check out the payments by using the FRM calculator. You'' also be able to get and amortization schedule along with it. Take Care
lisascherzer Joined: 04 Jan 2008 Posts: 599 69.58 Dollars($)	Posted: Mon Jan 14, 2008 12:46 am    Post subject: Why such a high rate? Is this what you have currently or being quoted for a new mortgage? _________________ Lisa Scherzer Allpointe Mortgage Expert Mortgage Broker 440-521-7060 Get Mortgage Quotes Compare 100+ Mortgage Lenders Here Find Real Estate Agents

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