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How much I have to pay?

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mauro31 Joined: 18 Nov 2009 Posts: 1 1.24 Dollars($)	Posted: Wed Nov 18, 2009 10:18 am    Post subject: How much I have to pay? Like 0 Dislike 0 If not payments were done for a six months, How much I have to pay then after that...
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12346 Location: bloomfield, ct 53.01 Dollars($)	Posted: Wed Nov 18, 2009 10:21 am    Post subject: Like 0 Dislike 0 well, i'll take a flyer on this... if you neglect to pay for six months, then you'll owe that six months plus the seventh month if you resume payments in the seventh month. this, of course, would add up to hundreds of thousands of dollars, unless your payment (that you won't be paying) is quite a bit less. in that case, you would owe 7 months times the dollar figure of your real payment. if that number is $1 then you owe $7. if that number is $100 then you owe $700. if that number is $1thousand then you owe $7thousand. and so on, and so on, ad infinitum. i'm so glad you asked. _________________ George M. Akerley Independent Contractor - Mortgage Consultant Word of Excellence Editing/Writing/Proofreading 860-221-5044

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