Category Archives: Personal Finance

My wife left me stuck with a 1300. mortgage only in my name, which I can’t sell because right now it’s basically worth about 2k less than what I owe on it plus realtor fees means it would prob cost me at least 6k just to sell it. The divorce has not been filed yet … Continue reading

Hi, would really love any advice!!! My BASIC 2 QUESTIONs (first one being most important) are (any answer to these questions will be just awesome as they are, if you don’t have time to read the rest, including ”more details” to each below): Q1(the most important(). how does one REALLY go about knowing which institution … Continue reading

Ive been separated from my ex-wife for 19 months, divorced for about 6. When we were separating, I was in a pretty bad emotional state admittedly and was very much of the notion ‘Just tell me what you want’ in so far as custody and child support. She responded with her as primary custody and … Continue reading

I heard about a government plan to pay 31% of income to mortgage. What should I pay per month for my mortgage? Is there a calculator somewhere to figure this out? Is it net income, or gross income that I take the 31% from. Obviously I am not very financially intelligent!! Please help!! Thanks I … Continue reading

I’m planning on proposing to my girlfriend fairly soon. I anticipate us being engaged for at least a year before we officially tie the not. Currently we are both full time college students, and for 36 weeks out of the year were both limited to working part time, and we both have at least three … Continue reading

Determine Aaron’s and James monthly interest costs if they decide to make monthly payments. Determine also how much interest Aaron and James would save by paying weekly. Purchase Price ,350,000 Down Payment ,008,000 Interest rate % Amortization Period: 30 years Payment Frequency: monthly Payment and principal interest: 50.?? how do I determine the unknown values … Continue reading

All of them show shortfall. shortfall. shortfall. I’m not including social security. I’m not 40 yet and I know it won’t be around for anyone that has penny to their name. We never saved much, we had student loans to pay off, a huge mortgage to pay off, and we got caught without insurance and … Continue reading

I’ve been working on a simple loan repayment calculator since I’m considering taking out a mortgage on a new home and selling the one that I’m in somewhat soon. With that said, my first program calculates the amount / month that would need to be paid. My code for that is here: http://pastebin.com/vyELbev1 I’ve come … Continue reading

Im not actually working and im just a student and we are playing this game where we have hypothetical Jobs. I happen to be a Nursing Home Administratior and i around ,500 a year. We are suppose to buy houses and i found a condo i want to buy for about 0,000. Now acording to … Continue reading

Mortgage payment with a loan of 61300, 8%, 25 years, 569 yearly taxes and 243 annual insurance. This is how it is written: R=61300(0.08/12)(1+0.08/12)12*15 power. The lower half of the fraction is: (1+0.08/12)12*15 power -1. I can’t find a calculator that comes up with the right answer so I thought someone on here might be … Continue reading