Tag Archives: payment

What’s the correct terminology in real estate when purchasing a home and you would like to add home improveme

Were currently getting ready to close on our home and we were wanting to include in our mortgage loan cost for home improvements what’s the correct terminology for that. How do we go about asking for that and having one payment. Is that even possible.

how do i calculate my monthly payment for a mortgage loan?

is there a certain formula to calculate this

Mortgage Payments : Paying Biweekly Or Lumpsome an Extra Payment once Yrly?

Which style of Mortgage Payments is better for a Homeowner,
1)Paying Biweekly
2)Lumpsome an Extra Payment once every Year
in 1) disadvantage is there is an extra 300$ for enrollment fees to be paid.
in 2) advantage is that you can pay as & when you have extra cash to pay.
Also, if you pay Extra payments than 2), to shorten your loan-length, is there any hidden disadvantage?
Ken, How can it be less empacting?
Again Clarifying part 1 of my question :
if I make one extra payment every year, at start of the year (towards Principal, of course)
How is this scene different from enrolling in Biweekly? (other than losing 300$ extra in enrollment fee)

For “average” people with several children…?

I’m curious. You and your husband/boyfriend both work full time, have average paying jobs (by no means well off or even comfortable, but you don’t go without, either), standard bills (rent/mortgage, utilities, car payment, insurance, etc.) How do you support three or more children? My husband and I have two sons and we’ve pretty much decided we’re finished…for now. We’ve said when our older son is in kindergarten, we *might* consider trying for a third (we both like large families) but honestly…how do people afford it?? We both have average paying jobs (he works retail at a large lumber/home improvement chain and I’m a legal secretary). What do you guys do to avoid getting on welfare? Or do you?

I realize this probably sounds like a really strange question, but I read on here where people have three or four kids and I wonder…what is your secret for not being in the poorhouse? LOL :)

When a person quit claim their property to someone else, do the mortgage payment automatically transfer?

When a person quit claim their property to someone else, do the mortgage payment automatically transfer?