How do I calculate the total now due on a loan made in October 2014?
18 months no payments made, $479.00, 10%APR, plus 5% monthly late fee
Answers | 1
President & CEO, TZG Financial in Charlotte, NC
April 03, 2016
Asked by Katie
Answered by Nic Netherton
Mortgage Professional in Fort Collins, CO
Two advantages. The first being you pay off your house faster, the second is that...
Asked by david
Asked by Rob
Answered by Mark Haynie
Mortgage Professional in Los Angeles, CA
Hi Rob - well, not right now. If it's a conforming loan, once you have 6 months o...