Reverse Mortgage

T. asked: My soon to be husband and I are renting a home in our area and paying $1100.00 a month in rent. (This is quite a bit for the area that we live in) We are wanting to buy a home and feel that we have sufficient income (around $90,000) to own a home. [...]

i rock! asked: I requested a new credit card with a lower interest rate than my two cards now with the intentions of paying off the two cards with my new card. The new card credit limit is not enough to pay off the other two, however, so I don’t want it anymore. I requested [...]

BlueFlameSix asked: I live in PA. My divorce is almost final. I am keeping the property that I live in. It has an extremely low interest rate. I don’t want to refinance if I don’t have to. How can I get her name off the mortgage without going through the added expense?Content – Members-Only Content [...]

angel1183 asked: …if we enter the interest rate, loan amount and how much we pay each month. I know it will be paid off early, but I want a more specific time frame. Thanks!Create a video blog…instantly.

Goddess asked: Would it be worth refinancing a home loan to get a lower rate? We could decrease the rate from 6.5 to 5.5 but it would add $12,000 to my current loan amount. It would remain a 30 year fixed. We’d also get to skip two months of payments (which is actually added into [...]

chesspl asked: What I would like to do is have 4 different fields, one each for the principal, interest rate, number of payments, and monthly payment. I’d then like to change ANY of the 4 fields, leaving one blank, and have Excel calculate whatever the missing variable happens to be in the last remaining field. [...]

searchingwisdom asked: I understand how APR can be more than Interest rate but I am seeing the reverse from lenders like wellsfargo ? Can somebody explain ?Content – Members-Only Content for WordPress

tim asked: I’m buying a $96,000 house according to tax records for $69,000, but want to get $96,000 because it needs repairs. It shouldn’t really matter to the mortgage company how much I paid for it, because in the (extremely unlikely) event that my house was repossessed, they’d have a $96,000 house to sell. Especially [...]

Invader Kor asked: I need an online mortgage payment calculator where you can input the following: Mortgage Amount (Example: 10,000 dollars) Mortgage Term (Example: 1 year/12 months) Interest Rate: (Example: 10.2%) Monthly Payment (Example: $200) The calculator needs to show a table of results including: Monthly Balance Interest on Unpaid Balance Total (Monthly balance + [...]

JessicaZ asked: Hi, My husband and I bought our home 2 years ago on with an adjustable rate mortgage. The interest rate has now come up and we need to refinance. The problem is that our credit score is about 600. Can we get a refinance? Our home is worth about $240K, we have $25K [...]