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Posts Tagged ‘Bank Mortgage’

 

How much money do I need in a bank account to cover my mortgage taking into account the interest earned?

Tuesday, June 2nd, 2009
chris_newgent asked:


Assume that my mortgage is $ 600/month, and I have a bank account paying 5%. How much do I need it in the bank to cover 1 year of mortgage payments that take into account the interest that is earned during the year.

Roberta

 

My bank sold my mortgage loan to a out of state bank. What is the best way to pay a out of state loan?

Thursday, January 15th, 2009
mortgage loans
Judy asked:


I have heard a lot of real horror stories about mortgage loans that are out of state. I don’t want them to say they didn’t get payment in time or they never received it etc..etc.. Would it be best to pay though on line banking so there would at least be documentation? Any thoughts, any ideas?

Stephanie
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