To pay or not to pay… a 15 year fixed mortgage?
I’m seriously considering buying into a 15 year fixed mortgage property. I am only 20 years old and I am always looking for ways to make and save money. If I pay off my mortgage, I will be saving...
View ArticleIs mortgage interest deductible if the interest is added to the principal...
I have a loan that allows me to make a payment that is less than the monthly interest owed. I have never taken this option, but if I did would the interest that is charged but added to the principal...
View ArticleCan you help me with a little algebra?
I know you can use a calculator but I want to be able to calculate a mortgage without. The correct answer is $1,199.10 30 year mortgage at a 6% interest rate with a $200,000 loan. Here is a link to the...
View ArticleIf you get a tax form for mortgage interest paid on a loan and then claim it,...
The past couple of years we believed a Line Of Credit to be a Home Equity LOC (which the issuing company believes it to be also) and claimed it on taxes. We are looking to sell the house and found out...
View ArticleWhat are mortgage interest rates likely to do in the next day or two?
Today is Wed. 10/8, and my lender just called to tell me rates went up today. We are in escrow and been waiting to lock in because of the bailout plan. My lender said that Bernake (however you spell...
View ArticleProperty Tax and Mortgage Interest – Do we get a portion of the money back...
I just bought a condo and and I’m paying property tax close to 4K a year, and my interest is on the high side. Any info ? I’m also single if that counts. And before I go to my tax accountant does the...
View ArticleCan two people claim taxes and interest on a mortgage?
Just wondering if anyone might have the answer to my question…I think my ex boyfriend has claimed the mortgage and interest on the house we purchased together. I’m not sure is he is eligible to do so....
View ArticleI bought a home this year (2009). Is my mortgage interest, points,property...
Is mortgage interest paid + Points + real estate taxes deductible only for federal or for both fed & state. Thanks Incoming search terms:can we get real estate tax credit in NJ ?The post I bought a...
View ArticleIf mortgage tax & interest forms are only in my name but multiple owners can...
So the mortgage was only under my name but there are 2 other owners with me. I did a short sale on the house and now I have tax forms for mortgage interest and tax. Can the other owners file the tax...
View ArticleWhen the Fed cuts interest rates, how long does it take to reflect in...
Q: I’m looking for mortgage rates online and want to build modular next year, now just looking for the best deal and wondering when today’s Fed actions will be reflected in the offers I find. A: Cuts...
View Article
