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    how much is the monthly payment on a $130,000 mortgage

    0  Views: 591 Answers: 4 Posted: 11 years ago

    4 Answers

    I think it would depend on how much you put down as well as the percentage rate at which you finance it at. as well as how long (years) the note was agreed too.

    Just like Daren indicates above, you need the loan amount, interest rate, length of the loan, and lastly, if the fees to this loan are being included in the "total" loan amount.  Then you can begin to calculated your monthly or amortizing payments.


    For example, $130,000 loan amount, 4.2% interest, 30-year amortization, and 2% loan fees.

    I am loathe to reply to this, but I will anyway.


    It depends on whom you invest your $$$$ with, I really think as a guess, about $700.00 a month.


    You can always check with a calculator.

    ROMOS

    Very polite, couldn,t have done it myself...lol...KOTF
    CHAIN

    I'm thure you could have, albeit it with your grouse, whoops....grouth humour...thanks KOM..

    Thanks Chain, I have a calculator, I just don't know what to enter.


     

    CHAIN

    130.000 owing - mortgage!!!

    you work it out.


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