I am buying somethin for $1800 but i am one billed subsequent for it the annual rate is 20% whats my monthly salary?
i need to know what my minumum monthly fee could be any help would be nice thankfulnessAnswers: Again - we need to know the occupancy or how long it is going to take to repay the innovative $1800. If you just want to reimburse interest and never pay rotten the $1800, you need to pay cheque $360 per year in interest which is $30/month. You will clear $30/month forever.
good luck!
ps - it would be better to salvage the $30/month, plus maybe another $70 per month for a year and partly and pay bread. Much, much better for you...
Wow that's almost usary interest rates! Way too high.
Regardless, you haven't given us ample information to calc your payment.
How long do you own to repay?
Yikes - that question puts the country's current mortgage lend crisis in perspective.
Depends on how long you plan on paying this debt and the actual lingo of the note.
If I be you I would just gather up the money unless it's absolutely critical for you to enjoy it right now.
Well, as relations have already pointed out to you, that’s a really deep interest rate. I would probably opt for some other way.
But, since you asked, let’s look at some numbers.
Let’s assume it’s a 5 yr loan.
Your payments would be $47.69 a month.
Over the 5 yr permanent status of the loan, your total Interest paid would be = $1,061
That would construct your total paid for this item 1,800 + 1,061 = 2,861.
So you gottta ask yourself it this item is really worth that much to you. Which, most credible, it ain’t.
Now, if you want to punch in the numbers yourself and see what you would really be paying over the actual permanent status of the loan (since we don’t have that info available to us), you can step to this link for the Bankrate.com auto loan calculator and check things out for your self.
http://www.bankrate.com/brm/auto-loan-ca...
Hope that help.
Non-Payment of Condo Fees?
My husband and I live in a three family circle ( condo) Victorian home. The woman of the second floor condo unit moved out over a year ago and the condo have been deserted. Prior to moving out she owed over $500 in posterior payment of condo fees. Now her debt surrounded by condo fees is up to almost $1700. We hired a lawyer who told us that we will not see any of the subsidise owed condo fee $ from the owner of the 2nd floor section until she sells or forecloses. Now her element has be on the market for over 10 months near no potential buyers. To make matter worse (and urgent) my husband and I need her condo charge money because we live on the 3rd floor and our roof is leaking and surrounded by need of desperate repair. So my sound out is...Can we bring a lawsuit against the owner of the 2nd floor unit for the support condo fees she owes, or is lawyer correct or merely lazy by recitation us to wait unitl it sell or forecloses? (Apparently she can't sell w/out paying the owed fees, and if she forecloses the sandbank will pay the owed fees.)
Answers: The condo association can bring a lawsuit against her.
Good luck.
She doesn't hold money, so she can't pay until she sell (she'll have money next!). Your lawyer is right.
You can sue, but it's really no different. She owes the money anyway, the request for information is whether suing will get it done any faster.
If you want it to flog you can offer to be in motion in and "stage" the home. The likelihood are the place looks like hell inside, fundamentally few people are feeling like to buy a trashed house/condo, even at a significant discount.
what your lawyer conceivably be saying is even if you sue and capture a judgment if she have no assets out side the condo, you will not collect until the place sells so suing her will single cost monies out of pocket which will not be solved until she sells the component
Is it a righteous time to deal in my home ?
I will be asking $85,000 in a nice nouns of town, close to everything. upgrades through out the house (new central nouns, new hearth rug through out, house alarm system, privacy fence)all those inside the last 8 months.
Answers: short knowing exactly where you live, the broad answer is no
no, b/c ppl dont want to be a house right now near the interest rates the way that they are so if u going to do it next u might have to lurk some time be4 u get an proposal.
it would be better to just rent it out or lease it
If you enjoy to move yes. If you are selling to buy more expensive, yes. The hit you may have to bear on a less expensive home will be smaller amount on the reduction you should find on a larger home.
It is a buyers market, so except smaller quantity than you want for your current home.
Not all areas nouns the same. my info may not ably to your nouns.