How to get a low mortgage payment?

How to get a low mortgage payment?
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1 Answer

Answer :

The following ways are useful to lowering your mortgage payment. 1) Extend your repayment system. 2) Refinance your mortgage. 3) Make a larger down payment. 4) Rent out part of your home. 5) Get rid of your PMI.
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Related questions

Should I make this last mortgage payment?

Description : Should I make this last mortgage payment?

Last Answer : Pay it !

I am not on the mortgage to the house. Will the mortgage company still give me the legal documements I need after making the final payment?

Description : I am not on the mortgage to the house. Will the mortgage company still give me the legal documements I need after making the final payment?

Last Answer : If the company thinks your husband is alive, wont they send a document to your house when it's paid off? I don't see how the mortgage company isn't aware he's dead? I guess maybe they aren't ... with the help of a lawyer. It's a simple procedure to get it fixed, assuming you have no children.

How much is your monthly mortgage payment on your house in your town?

Description : How much is your monthly mortgage payment on your house in your town?

Last Answer : Half that, east tn in the burbs

Does this mortgage payment sound realistic?

Description : Does this mortgage payment sound realistic?

Last Answer : What’s the amortization? If you’re working with a mortgage broker then you should be able to trust what he says your payments will be as long as your ok with the amortization.

What happens if you make your final mortgage payment but the primary borrower on the mortgage is deceased?

Description : What happens if you make your final mortgage payment but the primary borrower on the mortgage is deceased?

Last Answer : It is not a matter of who is on the note, it is who is on the deed. This would probably change according to state laws. The house might have needed to go into probate upon the holder of the deed’s death. In some states it just automatically goes to the spouse (in the absence of a will.)

Is PETA acting ethically when they're offering to pay Octomom to advertise on her front lawn in exchange for mortgage payment?

Description : Is PETA acting ethically when they're offering to pay Octomom to advertise on her front lawn in exchange for mortgage payment?

Last Answer : Phhhtt. PETA exploits all the time. I despise, despise, despise that woman that exploits her kids. I sooooo want to punch her in the face. And then give her a tubal ligation while she’s unconscious.

How much money will I save by making a weekly mortgage payment with an extra $30 per payment?

Description : How much money will I save by making a weekly mortgage payment with an extra $30 per payment?

Last Answer : This calculator lets you plug in the details of your loan and the impact of extra payments. Welcome to the collective, by the way.

Mortgage payment as a percentage of gross income?

Description : Mortgage payment as a percentage of gross income?

Last Answer : The 28% is simply a guideline that should include PITI (principal, interest, taxes & insurance), but in some cases- you can exceed that 28% with excellent credit. It can also be affected when you take into ... To Value ratio). It's a great time to buy if it's feasible for you. Good luck!

How can a person lower their FIXED APR monthly mortgage payment?

Description : How can a person lower their FIXED APR monthly mortgage payment?

Last Answer : answer:Carving out the taxes and insurance does lower your monthly payment, but it doesn't really lower how much money comes out of your checking account overall. So it is really an illusion. Other than what ... the mortgage. I will be curious to see if someone can come up w/ something for you .

How to compute mortgage payment based on purchase price of house alone?

Description : How to compute mortgage payment based on purchase price of house alone?

Last Answer : Need Answer

How to Use a Mortgage Calculator to Estimate Your Monthly Payment?

Description : How to Use a Mortgage Calculator to Estimate Your Monthly Payment?

Last Answer : If you are house shopping, you may be wondering how much you will be paying in monthly mortgage payments. You can find estimated monthly through online mortgage calculators. There are many sites with ... your loan rate yet, you can estimate it by searching for current mortgage rates.Now you are

Can I pay an extra monthly car payment to speed up the pay-off, like on my mortgage?

Description : Can I pay an extra monthly car payment to speed up the pay-off, like on my mortgage?

Last Answer : Yes, if you are paying of a car loan, there is no penalty for paying over your monthly payment. However if your monthly car payment is on a lease agreement you will have to refer to the terms of your lease as to what is allowed.

How do I go about getting a title loan so I can make a mortgage payment?

Description : How do I go about getting a title loan so I can make a mortgage payment?

Last Answer : You will find auto title loan companies in your community. Take the title to your car with you and talk to them about a loan. Your car title will be your security for repaying the debt. Just be ware if you do not, they can repossess your vehicle.

Where can I find a free online mortgage payment calculator?

Description : Where can I find a free online mortgage payment calculator?

Last Answer : There is online calculator you can work on to make sure the mortgage payment you are afford to pay, or you can go to the bank, they probably figure it out for you as well, here is the site: www.mortgagecalculator.org/

Why use a mortgage payment calculator?

Description : Why use a mortgage payment calculator?

Last Answer : Mortgage payment calculators can be a good foundation if you just need to know some of the basics. There are a wide array of costs that can be associated with your mortgage that won't show while you ... won't show up on a vast majority of calculators, as well as the ever important escrow fees.

Where can I find a monthly payment calculator for a mortgage?

Description : Where can I find a monthly payment calculator for a mortgage?

Last Answer : Mortgage payment calculators are available on the web. Calculating the period of the mortgage in years against interest it will describe the term and total of repayments. It will also calculate overpayments

What will the monthly mortgage payment be on a $115,00 home mortgage in Volusia County, Florida at 3.5% interest for 30 years?

Description : What will the monthly mortgage payment be on a $115,00 home mortgage in Volusia County, Florida at 3.5% interest for 30 years?

Last Answer : You can figure out the mortgage payment by using a mortgage calculator tool to breakdown the monthly payments over time. I would input the details to get the final figures.

How to Use a Mortgage Payment Calculator?

Description : How to Use a Mortgage Payment Calculator?

Last Answer : When you're in the market for a new home, figuring out how much you can afford is essential. Instead of taking the time to go to the bank and find out how much a mortgage payment would be, you can ... made the proper calculations, you can get a realistic idea of what it will cost to buy a new home.

Is there a way to lower mortgage payment?

Description : Is there a way to lower mortgage payment?

Last Answer : One of the best ways to reduce mortgage payments is to do a mortgage refinance as long as the new mortgage interest rate is at least two to three percent lower than the current rate and there ... penalty is a fee charged by the lender if a mortgage loan is refinanced before the prepayment expires

Will a mortgage calculator help you determine your mortgage payment?

Description : Will a mortgage calculator help you determine your mortgage payment?

Last Answer : A mortgage calculator will definitely help you determine your mortgage payment. The calculator will help you decide what mortgage is right for you by allowing you to see what types are out there and the current interest rate.

What is a mortgage payment calculator?

Description : What is a mortgage payment calculator?

Last Answer : A mortgage payment calculator will calculate your monthly mortgage payments. You can find a full list of helpful information at: www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx

Can I use a monthly payment calculator to find out how long it will take to pay off my mortgage?

Description : Can I use a monthly payment calculator to find out how long it will take to pay off my mortgage?

Last Answer : A house is the largest purchase most of us will ever make so it's important to calculate what your payment will be and how much you can afford. The mortgage calculator will show you how much your ... effect of adding extra payments. Watch our "How To" video on how to use the mortgage calculator.

Take Advantage of Low Mortgage Rates?

Description : Take Advantage of Low Mortgage Rates?

Last Answer : Mortgage rates are at an all-time low, and now that prices havenearly reached bottom, it is time to start thinking about buying ahome or taking out a second mortgage on your existing home ... are falling, as theeconomy begins to recover, your investment in a new piece ofproperty can literally tur

Are there any home mortgage help plans for those on a low income, less than 25,000.?

Description : Are there any home mortgage help plans for those on a low income, less than 25,000.?

Last Answer : Plans are based on credit and current debt. You should be able to apply for a grant if you are a first time home buyer. Talk to your local bank.

Can I refinance my mortgage if I have low equity in my house?

Description : Can I refinance my mortgage if I have low equity in my house?

Last Answer : Yes it is possible to refinance your house if you have low equity. But you must have at least 20 percent equity before your refinance will be apporoved.

i need denture, low income with no insurance, need affordable denture with payment plans ?

Description : i need denture, low income with no insurance, need affordable denture with payment plans ?

Last Answer : where can i get denture, if i am a low income person

Discrimination in wages is sometimes made by (a) Assigning less tasks for women (b) Assigning low-waged tasks to women (c) Accusing women to be inefficient (d) Delaying in payment

Description : Discrimination in wages is sometimes made by (a) Assigning less tasks for women (b) Assigning low-waged tasks to women (c) Accusing women to be inefficient (d) Delaying in payment

Last Answer : (b) Assigning low-waged tasks to women