Reverse Mortgage

dastine_marie asked: If i’m going to borrow Php100,000 from a bank, payable in 12 months, my monthly amortization would be P9,833.33. I am planning to invest it in internet cafe. But in our town, we now have 18 internet shops, that’s why i’m thinking of investing it in other business. But I am also curious [...]

First asked: Four years ago, the creditor was not able to continue her monthly amortization that’s why the property was foreclosed.

Drew asked: i’m studying for a final exam here and trying to learn amortization and it’s formula for the first time (missed the day in class) using the amortization formula… -Find the payment needed to amortize a loan for $2500 at 8% compounded quarterly with 6 quarterly payments. I just need an example of this [...]

shanesmommy01 asked: Is there a website or free software download that offers amortization schedules that can be used to enter multiple accounts, APRs, minimum payments, etc? I, at one time, had a software program that all you did was enter your debts and interest rate, etc. and as they were paid off added that amount [...]

fwerds asked: I need help with the calculation for this… What amortization payments would be required every six months, at 14% interest, to pay off a $35,000 loan within four years? Round your answer to the nearest cent. So how would you do this? Thanks! I tried that & it doesn’t come out right.. so [...]

PaulLA2BK asked: i have a 179832.45 principal loan balance with a 10% interest rate fully amortized and would like to work backwards to calculate how much interest i paid in 2005 how can i do that?

patty p asked: If i move into the property and take out buildings insurance. Does it have to be buy to let insurance to match the mortgage. Or regular buildings insurance to match with me living there

Pantsguy asked: I do own my own home but am still paying off my mortgage. My son needs more money for college and we’ve tapped out on student loans and my credit cards are all maxed. I was wondering what I could do and thought that a home equity loan with bad credit might be [...]

Olivia D asked: what do you have to do?

Premier V asked: More specifically: 1. What kind of mortgage should i get? 2. I will probably be using my parents as a co-signor in order to get a better rate, will I still be eligible for the 8k tax credit? 3. If the tax credit is eligible to be used for a down payment, [...]