Posted on: 09th Nov, 2010 06:13 pm
is simple intrest on 12 year note different than a standard mortgage inrtest loan?... tryn to get a real close monthly quote on 54,900 owner finance
Hi rickdarville,
If you're planning to go for owner finance, it will depend upon the present owner of the property as to how much interest rate and monthly payments you need to pay him or her. You can use the given calculator in order to calculate your monthly payments:
http://www.mortgagefit.com/calculators/simple.html
Take care
If you're planning to go for owner finance, it will depend upon the present owner of the property as to how much interest rate and monthly payments you need to pay him or her. You can use the given calculator in order to calculate your monthly payments:
http://www.mortgagefit.com/calculators/simple.html
Take care