What is the equation to find monthly payments on a house? related questions

Answers
Asked by
Updated
What is the equation to find monthly payments on a house?0Lasoyna2012-10-15 20:25:16
I need to get the equation to find the monthly payments on a home with an interest rate of 5% in 30 years. The house is worth $ 139,900 and this is a project so it does not direct me to loan calculators on the web .
What Formula do I use to find the monthly payments on a loan?2lexus2012-10-27 19:58:25
First, I do not want a loan calculator . MedlinePlus MedlinePlus I have a loan for a $ 250,000 home with 20% down ( so $ 200,000 Total now ) . Over a fixed rate of 5.25 % for 30 years, should reach monthly payments of about $ 1,104 a month. MedlinePlus MedlinePlus But when I try to do it by hand , I have the answer , or anything close to this response. MedlinePlus MedlinePlus So can you help me ?
Find monthly payments on mortgage loan when interest is compounded daily?!?0priyal2012-10-02 16:15:02
You are looking to get a mortgage for a home , you think you can afford to borrow $ 150,000. The bank offers a nominal interest rate of 5% compounded daily on a 30-year loan . MedlinePlus MedlinePlus What are the monthly payments ? and how much money you will pay over the life of the mortgage ? MedlinePlus MedlinePlus I know I = 5/365 to obtain the daily interest rate , but how can you take part in the 30 years . I do not understand what equation to use or if I have to use my letters of interest rates given in class ... MedlinePlus help or advice is greatly appreciated!
Where can i find a cash loan today inerest free and very low monthly payments?6JohnPaul2012-09-27 03:18:05
for the unemployed or poeple benfits.
Can I make monthly cash payments on a house I'm buying?1Derek Abeyta2012-09-25 03:04:01
I do not want to deal with a loan or mortgage or anything like that so I was wondering if there was any way at all for me to make a monthly cash payment to buy a house for my name .
Where can I find a lagit loan without high interest rates and low monthly payments fast?3G'Woyne2012-11-05 19:05:01
I have to get a quick loan (Tuesday if I can ) so I can pay my bills . I need my payments to be established for every two weeks.
APR I cannot find the equation?0shiv2012-09-18 14:05:02
Khafra consolidates $ 8,200 worth of student loans and credit card debt in an account with a coupon rate of 4.7 % quarterly compound. Khafra If you miss a payment , the promotional credit will be adjusted to a standard loan with a rate of 16.1 % per day .
Where can I find a mortgage calculator that calculates the total cost for your home based on monthly payments?1college student2012-10-04 10:10:02
I have no problem finding regular mortgage calculators online , where you enter in the loan amount , interest rate , etc. , and gives an estimated monthly payment . But I'm looking for one that works in reverse . I want to enter the monthly payments , interest , the number of years , etc. and get the total cost of housing ( the amount you end up paying after 30 years) . MedlinePlus MedlinePlus I'm a little inexperienced with financial mathematics . I have to use this for a math project , however , so any help would be appreciated .
Is it beneficial for me to split my auto loan payments into bi-monthly payments?0DERRICK2012-09-15 00:14:03
I have a car loan of $ 30,000 to 4.99% for 5 years. I'm thinking of dividing the amount of my monthly payment in two installments . For example , if the minimum payment is $ 500 by the 24th of the month, I will pay $ 250 at 11 and another $ 250 in 22 . MedlinePlus MedlinePlus Doing this will help me save on interest I am paying the bank for the lowest balance principle I am accumulating interest in a given month ? MedlinePlus MedlinePlus I know making a biweekly payment plan is the best and make an extra payment a year 1-2 , but the payment plan I'm thinking of doing ( every two months) still beneficial ? MedlinePlus MedlinePlus Thanks in advance !
If i buy a new say around $20,000 car, is there any way my monthly payments can be as low as $200?0nikhil2012-10-09 13:40:02
I have bad credit student loans , but I am buying a new car. im financing through my credit union. my dad says it's like strting with my credit if I go through them . are going to build my credit , so im wanting the car is a Scion xD 2011 with some add on , a total of around your 20Grand , but really can not go over $ 200 a month for rent and bills . My plan is to put about $ 4000 down on it , my parnets are co sign for me and they have the best credit with them , so is there any way I can get my payments low ,
Monthly payments(living on your own)?6darrell earl2012-09-23 04:00:02
As bills go , I wanted to see if it was necessary . Also, my parents told me that if I move out of it a year or two that could help me by paying the rent . So I tried to talk about it , but what I really want to help and I feel bad if I did not. So I'm just getting a place by limiting maximum $ 1,000 per month . (( and also the length of their stay in school and try to get at least one or two degrees . because the student loan bill them once they stop going to school . so yeah . ) ) MedlinePlus MedlinePlus So I wanted to see if it was necessary for two people . (me and my boyfriend if we are still together in a year or two . ) ) MedlinePlus MedlinePlus Groceries : $ 450 MedlinePlus Gas for car : $ 400 MedlinePlus Internet / Direct TV : $ 180 MedlinePlus Gas / electricity / heat : $ 150 MedlinePlus Water / sewege / trash : MedlinePlus $ 150 Entertainment / out : $ 150 MedlinePlus Clothing : $ 150 MedlinePlus Emergancy Car: MedlinePlus $ 50 Extras ( shampoo , razors , etc. ) : $ 50 MedlinePlus Cleaning supplies : MedlinePlus $ 50 Cell Phone ( 2) : $ 150 MedlinePlus MedlinePlus Total ( back ) : $ 2,000 per month MedlinePlus . MedlinePlus As I did cushining extra just in case, as if one of us gets sick we have as backup. I also buy clothes I do not have each month . but I wanted to set aside in case we see somethign taht can be like " Oh , you want this shirt ? While this money will come out of your clothes . " or something like that . so yeah . help. MedlinePlus
How much will my monthly loan payments be?1Maurice D2012-10-15 09:46:03
I have $ 62,000 in student loans . When / if I build , how much will my monthly payment ? I read somewhere that "a good rule of thumb is 10% " .. Is this true ? MedlinePlus MedlinePlus Thank you : D

Ask New Question  

  • You are not logged in,answer will be Anonymous.Set Nickname | Sign In | Sign Up
  • tags separate by ','
  • Shortcuts:Ctrl+Enter

Latest Questions