0
Points are upfront mortgage interest that you pay the bank in order to reduce the rate that you pay over the life of the loan.
Are discount points worth it? Sometimes yes. Sometimes no.
The general "buy down" is what we call it in the industry is that you pay a half of a point to get a 1/8 reduction in your rate for the life of the loan.
That's a general rule of thumb. Doesn't always apply, but that's a general rule of thumb. A point is 1%. 1% is one point. And if you're borrowing a hundred thousand dollars, that's $1,000. But if you figure out what the savings are over time, you'll find that by paying half a point or one point you'll usually benefit in the long run.
Add your answer:
Earn +20 pts
What payday loan company accepts prepaid debit cards?
r there any loans company that will accept prepaid debit cards.
Are prepaid credit cards worth all the interest?
There is no interest on a prepaid credit card. With a prepaid card it is like having cash. You have an amount on your card (for example $500) and you purchase an item for $30 you would then still have a credit of $470 on your card. This can be topped up when the funds run low.
Is a prepaid voucher a form of money?
a prepaid voucher is a debt of the company you got it from, but has no physical wealth unless redeemed at that business
Explain why the interest only strip is at risk as market interest rates decline?
if interest rates decline, the underlying mortgages will be prepaid, thereby, reducing the cash flows from interest payments, and the value of these investments will decline. Because of the volatility of these investments
Is residential mortgage close-end mortgage?
Normally residential mortgages are not closed-end mortgages. By definition, closed-end mortgages cannot be prepaid but most residential mortgages in the U.S. do have a prepayment clause that allows the borrower to prepay the balance of the mortgage (perhaps by paying a penalty).In Canada, residential Mortgages could be open or closed depending on the need of the client. In some cases where the client is unsure what the time frame would be for them to repay the mortgage and does not want to get stuck with early repayment penalties, I suggest them an open mortgage.But if they are pretty much sure that they are okay to go the full term of the mortgage 1 - 5 years, then a closed is preferred as to give client the advantage of a better interest rate.
List Prepaid expenses on balance sheet?
Prepaid Rent, Prepaid Insurance, and Prepaid Interest... maybe? Check it out on Investopedia.com
Is prepaid interest included in a balance sheet?
No
Where does Prepaid Interest comes in a balance sheet?
prepaid interest is that amount of interest which is not due but paid in advance as it is not due yet it is current asset of business and it will be shown in current assets section of balance sheet.
Can a iPhone 5 be prepaid?
Yes, an iPhone 5 can be prepaid. You need to find a phone company that has prepaid plans.
What payday loan company accepts prepaid debit cards?
r there any loans company that will accept prepaid debit cards.
Are prepaid credit cards worth all the interest?
There is no interest on a prepaid credit card. With a prepaid card it is like having cash. You have an amount on your card (for example $500) and you purchase an item for $30 you would then still have a credit of $470 on your card. This can be topped up when the funds run low.
What is the average monthly fee for prepaid cell plans with texting?
Andybb- Prepaid goes from a minimum of $10 to unlimited. It all depends on how much you text and what calls you make. If you make a lot of these then it may be in your best interest to pay a higher price premium which includes unlimited usage to get away from being charged for each call or text
What accounts decrease with debit is it interest payable or prepaid insurance or cash?
cash
Is prepaid interest on a balance sheet?
Yes. It is an asset and assets are on the balance sheet.
Can you keep cell phone number going from prepaid to another company prepaid plan?
Yes, you should be able to.
Is a prepaid voucher a form of money?
a prepaid voucher is a debt of the company you got it from, but has no physical wealth unless redeemed at that business
Where can you buy international prepaid debit cards?
Check nationalcash.com. Its a good and reliable company to buy Prepaid debit cards.
