How do you multiply to figure house interest?
Avisi have highh 7oo cr rating.land has a trailer on it and can only be refinanced through a high rate mortgage co.this is why my rate stays at 9 percent.all mort co's would raise percent to 11's or 12 percent.i have tried.that is why i over pay.i just need to see how the numbers are calculated.
HollyHi-- I posted this on your other question also: http://www.dinkytown.net/I use their calculators to figure out how far ahead I am when I make extra principal payments on my mortgage, but they have over 250 types of calculators for all sorts of financial scenarios.
BernettaThe reason your interest rate is so high is that unlike houses, trailers depreciate as they age. However the loan terms are longer than car loans, so there is more risk and a higher interest rate.