Reverse Mortgage

Joe asked: I understand loan amortization for the most part. I understand you are figuring out a schedule of equal payments over a period time, and how often the interest is compounded, along with the given iterest and principal of the loan. My question is, Why does the amount of interest decrease over time as [...]

Lexs.august asked: How to have a amortization chart i.e.. principal & interest in excel sheet.

John W asked: Can anyone tell me about debt consolidation companies and their services?

mor r asked: Hi, anybody know where i can get best deal today? any do mortgagas needing less than 25% deposit? thanks Meurig.

Danielle asked: My husband and I are looking to purchase our first home, however we both have very poor credit scores (and yes I know this is bad news) but we have found a home of which we would like to purchase. The home loan would be for about $120,000, I am currently a nurse [...]

Clint P asked: I have been reviewing different websites for help with my credit card debt. Because of religious beliefs I am hoping to find someone that can offer Christian debt consolidation. Does anyone know who are the best Christan debt consolidators?

just_curious asked: I am using OpenOffice.orgCalc. I tried to assign an absolute address for the Loan Amount but I still had to fill in the formulas one cell at a time to get the monthly amortization, this is very tedious. There must be a shortcut or click and drag I can do. I checked the [...]

Rowdy asked: I am looking for a formula for interest to use in excel to come up with a new amortization schedule for my mortgage. I recently made a large payment to reduce the principle on my mortgage, however I am still going to continue to make the same payment I did last year to [...]

specplusoh asked: I am considering refinancing my home. My two year ARM is about to expire. I am thinking about getting an interest only loan and making “principal only” payments in addition to the scheduled “interest payment”. This should allow me to reduce the principal much faster than following the amortization schedule that would come [...]

rosio asked: My credit score is a 450 and I need to get a loan for approximately $10,000. My credit score is poor because I had to take over some debt from an ill parent. I am in the process of getting my credit back on track. I have searched the internet for hours and [...]