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no breakdown on mortgage statement

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cotymaxdaisy Joined: 03 May 2011 Posts: 1 1.33 Dollars($)	Posted: Tue May 03, 2011 8:06 am    Post subject: no breakdown on mortgage statement Like 0 Dislike 0 My mortgage recently converted from 5 yr interest only to 6 month adjustable. My new statement does not have a breakdown on what is interest & what is principal due. They tell you what you paid in interest & principal for the previous month on the bill as transaction history. I need to know in advance of making the payment how much is principal & interest. Aren't they required by law to give you this information in advance of your payment?
joshonjoice Joined: 03 May 2011 Posts: 3 1.43 Dollars($)	Posted: Tue May 03, 2011 8:21 am    Post subject: Like 0 Dislike 0 This is how the remaining funds in the account in the year by property taxes paid by lender. Property tax and insurance to cover the home until the payment of money in this account every year, throughout the year. _________________ bathroom renovation perth
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Tue May 03, 2011 8:59 pm    Post subject: Like 0 Dislike 0 Hi cotymaxdaisy, You can ask the lender to inform you about the amount that will go toward the principal and the interest. The lender will be able to provide you with the breakdown. Thanks

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