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 carro278
Joined: 08 Dec 2008
Posts: 1
1.31 Dollars($)
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 Posted: Mon Dec 08, 2008 2:14 pm Post subject: regarding payments |
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assuming you have a loan amont left of 160982.31 in jan. 2007 and im not sure what the rates are then what do you think the payments would be on this loan amount about doesnt have to be exact please advise.
thank you
betty |
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parmoney
Joined: 05 Dec 2008
Posts: 37
11.32 Dollars($)
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| Posted: Mon Dec 08, 2008 4:38 pm Post subject: details are needed |
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term, simple interest rate, original loan amount, fixed or adjustable, original date of recording?
any special payment features? |
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elnoralittle
Community Experts
Joined: 01 Oct 2008
Posts: 281
Location: Maryland
25.47 Dollars($)
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| Posted: Mon Dec 08, 2008 6:46 pm Post subject: |
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based on $16300 loan amount, almost perfect credit, and an 80% ltv, no points, conventional fixed rate at 5.75%, the Principle and Interest payment would be $951.22, then add your monthly taxes and insurance to that to get your full monthly payment.
Other than that, your email was a bit vague. Mortgage fit has a mortgage calculator if you want to fiddle with the payments a bit.
_________________
Elnora Little
First Home Mortgage
First in Customer Service!
301-437-5605 |
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smithsussane
Joined: 18 Sep 2008
Posts: 4484
Location: Alaska
435.29 Dollars($)
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| Posted: Mon Dec 08, 2008 10:17 pm Post subject: |
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Hi carro!
Welcome to forums!
You can use the below mentioned calculator to calculate the amount you need to pay monthly:
http://www.mortgagefit.com/calculators/monthly-payment.html
However, you will have to mention the interest rate and debt pay off period.
Feel free to ask if you have further queries.
Sussane |
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