How do I get buy a house and get a mortgage?
Posted on Apr 30, 2008 under mortgage | 3 CommentsI'm tired of renting. I rather be making monthly payments on something I own.
I'm tired of renting. I rather be making monthly payments on something I own.
I have a 30,000 loan at 6% for 5 years and pay $600 a month.
I owe approximately $1300.00 for all of the above individually. And right now that is a monthly average cost of liveing for me. I earn appproximately $1000.00 a months in wages. Who do I pay first. None will work at a payment plans, I've asked. What would you do?
We'll only be putting 10% down on a $370,000 home, hopefully getting a 6% interest rate. Is it better to pay PMI on the $333,000 or take out a second mortgage for a percentage of the $333,000?