Anyone knows a simple loan calculator?

Answers:3   |   LastUpdateAt:2012-10-06 15:48:08  

Asked at 2012-08-31 08:46:03
I 'm doing a house for me and my sister . I've never tried to apply for a mortgage before so do not know the terms involved . I worry that I might get something that I can not afford constantly if the installment payment is not prepared for me in advance , including fees and other things like that . My friends tell me to try a loan calculator for basically an idea of how much you have to pay monthly. I keep finding things online that are digesting too much for someone like me . Thank you.
Answer1Karl Answered at 2012-09-04 15:00:05
The loan calculator only gives you the amount you have to pay for principal and interest ( P & I) . Your lender will also add an amount in the P & I is called a security deposit is used to pay taxes and insurance. The amounts depend on the cost of the house and where it is so you do not know until you choose a home .
Answer2sindyAnswered at 2012-09-22 16:22:03
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