Person of interest

Buying property in Acacia Ridge? Selectabroker is available 7 days a week until 9PM at 1300 510 045 to help you pick the best mortgage for your purchase. Selecting the Right Mortgage Specialists in Acacia Ridge Purchasing real estate isn’t just a life-changing decision – it’s also a complicated process, what with all the budget concerns, taxes, auctions, and mortgage options to think about. Fortunately, Select a Broker can help make things easier for you. If you don’t mind filling out the…

The indicated capitalization rate for this investment based on the information provided is 8.20% indicating the value of this property to be $7,317,073 or $7,320,000 rounded. I base this conclusion on the following calculations: • The mortgage constant is .085972 calculated using the following HP-12C keystrokes: F Clx 1 PV 6 g i 20 g n PMT 12 x • The percent paid off on the mortgage after 5 years is 15.1004% calculated using the following HP-12C keystrokes: F Clx 6 g i 20 g n 1 PV PMT 5 g n FV…

Having two or more children, there is a maximum amount of qualifying expenses is $6,000. That amount should be reduced by $1,800, since Martha received $1,800 for dependent care assistance. The total expenses are $4,200. Tim and Martha’s AGI is over $43,000 they are entitled to a credit of 20% of their expenses, or $840. ($4,200 x .20 = $840) If Tim and Martha had an AGI of $36,000 earned only by Tim, the credit would be zero. That is because there would be no child care expenses. Since Martha…

resulting from purchases or advances using the card that have not yet been paid back. No collateral is required for credit card borrowing, but interest rates tend to be higher than for other types of loan, and severe late payment penalties may apply. While, technically, all purchases made by credit card create a debt to the user, these debts typically do not incur interest until the grace period has expired. Thus, credit card users who pay off their balance each month are generally not…

disadvantage of using credit is ensuring that the monthly installment is met every month. If an individual does not carefully monitor monthly payments, one could miss a payment and this can affect the credit score. And low credit scores can lead to higher interest rates and occasionally individuals may be denied the opportunity to get help with purchasing the…

UNIT 4 DISCUSSION The demand for money is affected by three factors: Transaction, precautionary, and speculative reasons. 1) Transaction reasons: People demand money for transaction purposes because most transactions involve an exchange of money. Also, people normally demand more money when their incomes are high, or when the GDP is high. Personally, for example, I demand money for transactions such as purchasing groceries, gas, rent, and bills. Each week I have to buy groceries and fill up…

Many consumers will refinance from a 30-year mortgage to a 15-year mortgage in order to payoff the mortgage loan quicker. By refinancing into a 15-year loan, not only do you save money on the interest rate, but you will save money over the lifetime of the home mortgage loan. With current interest rates low, 15-year mortgages have become a common option for many homeowners. Cash Out Home Mortgages For many people, a cash out mortgage is a great opportunity to use the equity in their property…

Guild Mortgage Company (“Guild”) is in receipt of your correspondence dated September 20, 2016 from the Consumer Financial Protection Bureau (“CFPB”). Guild appreciates the opportunity to review and respond to your concerns. In your correspondence you express your disappointment with the decision to deny your loan application even though you provided the requested documentation. You also indicate you were discriminated against and given no valid reason for your loan denial. Guild…

Maximum Rate of Interest on Loans, Including Mortgages Upon receiving a written request for relief and a copy of a servicemember’s military orders, the Bank, for the duration of the servicemember’s military service, reduce the interest rate on debts incurred by the servicemember, or a servicemember and spouse jointly, before entry into military service to no more than 6% per year. (This applies to the individual servicemember’s debt or joint debt with a spouse.) Procedures: Upon receipt of…

Child support orders are made as a way to mandate that a child receives financial support from each parent on a fair and reasonable basis. As it has been suggested that Jake will have Samuel for 65% of the time it is likely that an order for child support would go in his favour, with Lana being liable to pay any amount that might be awarded pursuant to s.66C of the FLA. This is determined by: 1. Income, minus a self support amount: First both parents income are considered. Lana earns…