Why is it so tough to find an
interest rate payment chart?
This is another post in
the 'Real Estate 101'
series where I have attached an interest
rate payment chart for buyers interested in knowing what a
payment would be with each interest rate jump either up or down.
You wouldn't think in this day and age that it's a big deal -
but it is! I've went to countless mortgage websites, both big
and small, and came up short. We've got plenty of fancy
'calculators' but nothing where you can actually see 5% is ???
5.5% is ??? I've got bad credit so mine is
6.5%.
This is a classic example where you can see WHY your credit
report score is so important to your payment. If your credit
score has a few bumps in the road it definately means you are paying a
higher interest rate and you should work on getting your credit score
back in order.
Lyn Sims (847)230-7324
at RE/MAX Suburban
I proudly serve
and sell real estate in the Northwest
Suburbs of Chicago.
If you are
thinking about purchasing
or selling your home in the communities of Schaumburg, Hoffman
Estates, Elk
Grove Village, Roselle, Palatine, Medinah, Itasca, Bloomingdale, Carol
Stream,
Bartlett, Hanover Park, Streamwood, Elgin, South Elgin, St. Charles and
more importantly, want to work with a local area expert, contact me
immediately.
Interest Rate
Payment Chart ©2009
Lyn Sims - RealEstateConsumerInfo.com
All data and information provided on this
blog is for informational purposes only.
Lyn Sims makes no representations as to accuracy,
completeness,
correctness, suitability or validity of any information on this site
and will
not be liable for any errors, omissions, or delays in information or
any
losses, injuries, or damages arising from it’s display or use.
;)
;)
;)
I would really like to have that chart in wallet size!
your friend in Charlottesville!
Charles McDonald