Reverse Mortgage

vero asked: How to calculate my Amortization Schedule? Do I ask where I got my loan or the bank. I just want to know how to get it.

Musiq asked: ..a Qualifier Plus IIIpx? I tried calling them no answer. How do I get the interest payment. If you know how to operate this calculator, please provide e-mail so we may converse on the matter. http://www.albion.edu/mathcs/Mbollman/CI/Q+3mx.htm http://www.calculated.com/ Thanks!

Will asked: The mortgage company said they would give me a 7% interest rate, not bad considering my credit is shot. So I punch that into a amortization calculator and get a payment on a $75,000 house at $498.98. Yet, the broker said my payment would be about $705. What else are they figuring in [...]

Weird Darryl asked: I need the mathematical formula for the amortization of a loan. .

B asked: I have a home that I’ve been renting for ~4 years. I am planning on moving back into the home mid next year. What are the tax (as in IRS) implications that I will need to be aware of? Obviously once the renters leave, I will no longer have the rental income to [...]

Ross R asked: So I have a Business Analyst BAII Plus, Texas Instruments calculator and I want to know how to figure out the payments on a loan. I know how long payments will be made, interest rate, amortization (years), and loan amount. Can anyone tell me how to calculate this using my calculator, or [...]

bunnie asked: I am offering owner financing to a relative for property I own out of state. The interest rate will be set at 3% for 5 years. I was planning to print out an amortization chart for us both to follow, but I need help determining what legal paperwork I need for the actual [...]

TA asked: How bad is it? Is it better to finance to get out of Negative Amortization loan paying the prepayment penalty fee or stick with it?Please help. And thank you for everyone for answering.

jgalang95119 asked: Doesn’t have to be a amort. table, just some form of calculation.

gen asked: A laptop worth $48000 can be bought at $8000 and the balance to be paid monthly for 1 year at 12% compunded monthly a. find the monthly payment R b. make an amortization schedule for this loan c. How much is the outstanding principal after 5 payments? before the 5th payment? d. how [...]