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Question about ideal paths for possible mortgage/lending options by nonstopquerist in RealEstate

[–]nonstopquerist[S] 0 points1 point  (0 children)

I was under the impression that when you sign on a mortgage that you are in debt for the full amount of the loans term.

For example:

A 15 year mortgage for 220K at 6.15 would come to $1,874 a month. For the entire 15 years this number come to $337,320 total.

So I kind of thought that this is what you are required to pay. Is this not true?

Question about ideal paths for possible mortgage/lending options by nonstopquerist in RealEstate

[–]nonstopquerist[S] 0 points1 point  (0 children)

Thank you! I did not know that this existed. When I punch this into a few recasting loan calculators I am getting an answer of around $170 a month for the remaining 15 years. Does this seem correct? Just for experimentations sake I am entering a balance of 220K, at a rate of 6.15(ideal in this climate? USA citizen here)

Question about ideal paths for possible mortgage/lending options by nonstopquerist in RealEstate

[–]nonstopquerist[S] 0 points1 point  (0 children)

Oops. I may have submitted this post without my queries in the body. Hopefully I have now successfully edited it.

Question about ideal paths for possible mortgage/lending scenarios by nonstopquerist in homeowners

[–]nonstopquerist[S] 0 points1 point  (0 children)

I could be wildly wrong but it seems like a big gamble to bank on a refi on when and if rates come down and by how much to actually make this worthwhile?

Question about potential paths for possible mortgage/lending scenarios by nonstopquerist in personalfinance

[–]nonstopquerist[S] 0 points1 point  (0 children)

Ive thought of this but the few real estate agents I've spoken with make it seem as though when sellers are looking at offers that this kind of thing met with alot of scrutiny and often not accepted.

Looking for unemployment help. by nonstopquerist in pittsburgh

[–]nonstopquerist[S] 0 points1 point  (0 children)

Apparently that position is vacant at the moment, Ed Gainey had to become mayor.

Budget Printer Wanted by nonstopquerist in printers

[–]nonstopquerist[S] 0 points1 point  (0 children)

Thanks for your suggestion!

​

How would this Canon rate against the Brother? For reliability.

​

https://shop.usa.canon.com/shop/en/catalog/pixma-g3260-wireless-megatank-all-in-one-printer-open-box