Comments on: How Much Of Your Mortgage Payment Goes Towards Loan Principal?

By: MrsB

MrsB — Sat, 26 Jan 2013 12:18:37 +0000

Ask for a history on your payments, ammoritazation.

By: Frugal Home Owner

Frugal Home Owner — Tue, 11 Sep 2012 12:52:31 +0000

I would say that any job at this point is better than no job. I got laid off my job 3 yrs ago and had to go to work for eight bucks an hour part time. You know what? It paid the bills and put some food on the table. With the two of you working eight bucks an hour, you can do it if you are frugal. There is work, you just have to be willing to take a bite in pay for a while.

By: SEO Clock

SEO Clock — Sun, 05 Aug 2012 07:04:48 +0000

How do you calculate what your mortgage payment will be without using a mortgage calculator?

By: Bellevue dentist

Bellevue dentist — Fri, 27 Jul 2012 06:10:59 +0000

Thanks for the best blog.it was very useful for me.keep sharing such ideas in the future as well.this was actually what i was looking for,and i am glad to came here!

By: Ivy

Ivy — Thu, 19 Jul 2012 06:08:09 +0000

Hi! Can anybody help make a decission. We have a 15 yr fixed mortage that is due on May 2024. Our current interest rate is 4.88%, making about $1400 monthly payment. We wanted to get it paid as early as possible. We can make an extra payment of $300 a month. The bank has offered us of a 3.99% interest rate but will push it to 20 yr fixed mortgage, no finance charge. Should we refinance and just make the same payment as we are making right now and the extra $300 a month? or should we leave it as it is and just pay the extra $300? Any advice? Thanks!

By: Tina

Tina — Tue, 26 Jun 2012 13:47:58 +0000

I have this same question! Did someone answer it? My payments have been about $640 accelorated biweekly for almost 2.5 years. It would be interesting to see a chart or something that shows how my interest payments have changed over the last 2.5 yrs.

By: Cas Web

Cas Web — Fri, 15 Jun 2012 09:24:43 +0000

Then you have far to much money and i think you should share some with myself and all these other lovely people who are just trying to make their pennies stretch a little further.

By: Damon/ minnesota

Damon/ minnesota — Sun, 27 May 2012 15:22:16 +0000

This site really offers great advice , and I appreciate all the good feed back. The one piece of advice; slow, and steady wins the race, but remember too that each dime you put towards the interest you can't take it back out like a credit card, so please all be sure to send extra if you can, but do it wisely. Good luck to you all, and congratulations on giving the American dream a shot.

By: Damon

Damon — Sun, 27 May 2012 15:11:53 +0000

Great! point Chris.

By: uk finance

uk finance — Wed, 23 May 2012 20:02:02 +0000

I think my current mortgage rat is less than 4%, the rate is low and there are many restrictions on banks and mortgage companies so they cannot charge you too much in fees. You can get more information on mortgage rate when you check this resources