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Subject:
Mortgage Question $10 tip when questions are answered.
Category: Business and Money > Finance Asked by: rexkab-ga List Price: $5.00 |
Posted:
12 May 2005 12:48 PDT
Expires: 23 May 2005 15:10 PDT Question ID: 520984 |
I am trying to determine if I can afford a 15, 20, or 25, year mortgage. Current Situation: Original Loan Amount: $156K for 30 years. Current Principal Balance: $154,507 Yearly taxes: Around 5K (Escrowed into the mortgage) Home appraised for: 220K Current monthly payments: $1412 Interest Rate 5.75% Loan Originated: 7/2004 State: Pennsylvania/Delaware County My questions are this: I want to determine if I can afford a 15, 20, or 25 year mortgage. A good answer will show good calculations using today's mortgage rates to give a good approximate monthly payments for a 15, 20, and 25 year mortgage (make sure you include taxes into your calculation). Included in this answer will be approximate interest saved in each scenario compared to a 30 year mortgage. A Good answer will receive a $10 tip. :) |
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There is no answer at this time. |
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Subject:
Re: Mortgage Question $10 tip when questions are answered.
From: leskowitz-ga on 13 May 2005 20:46 PDT |
It is hard to believe this has not been answered. Just go to bankrate.com and do it yourself. If you are including taxes then you should include insurance and home association fees (if any) as well. |
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