Archive for September, 2009

what is the monthly payment by loan amortization table: Loan $26,000.down payment $5000, 11% 36months? »

carol asked: a:3900.00, b,3150.00, c.$687.54, d$327.40

bad credit? »

trudimiller64 asked: i have bad credit a score of about 400 i have a repo and credit card debit under 1000 dollars and about to pay it off and med bills to is there a way i can still buy a new car or a car that dont have alot of miles on it and [...]

amortization in the statement of cash flow? »

ES asked: i’m really confused about the amortization thing… WHY that amortization is included in the statement of cash flows?(amortization is non-cash item)… and why should the amortization be added in the operation category but not be subtracted?

Negative Amortization (test your skills on this one)? »

Ge64 asked: A man owes the bank 1 million dollars. Every year he pays the bank 50000 dollars to decrease his debt. Also, every year the bank charges 60% interest which increases the debt. How many years will it take for the debt to be one million million dollars, or 10^12? Show complete working Compound [...]

How does a bad credit auto loan really work? »

maryjo asked: My credit score is probably 0 (yes I know that’s not possible) but it’s pretty bad. Say for example I want a $5,000-$6,000 car, how much would I have to put down and how much would the interest typically be?

Please help, have loan amortization question? »

James M asked: I have a homework assignment I have to do. I know the monthly payments (1400) the interest rate (8%) the amount of the loan (180,000) and the number of months I have to pay it off (36). What I’m trying to figure out the interest for each month I make a payment. [...]

Bad credit? »

meanK asked: Can a single unmarried never been married man have bad credit that they will still have even when they get married? How does one go about getting bad credit?

Where can I get a bad credit auto loan in Ohio? »

yuri l asked: We get bad credit auto loan e-mails, apply and never hear anything back. Even the guaranteed auto loans.

What happens if i de-fault on mortgage payments for an investment property.? »

Harryboy asked: recent interest rate rises and property value falls (in a specific area) have resulted in the rent collected being much less than the mortgage payments required. I am now struggling to make the payments. I have tried to re-mortgage but no one will take it on as it has fallen invalue and the [...]

What is a free site for valuing commercial properties like zillow.com does for houses? »

Lyndee asked: Zillow is used by realtors and mortgage professionals to quickly check the market value of a home. There must be a site that does this for commercial property. Zillow is free. I am looking for the commercial equivalent of Zillow. All I can find is softwares and reports to purchase.

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