Getting a Loan

 

Getting a Loan

Will you be making a down payment on your new house?

I have ten thousand dollars available for a down payment and I would like to finance the rest.

I have just a few more questions for the application. What is your gross monthly income?

I make $750 a week, so I suppose my average monthly income would be about $3000.

How long would you like the life of the Loan to be?

What are my options?

You can choose between a ten, fifteen, twenty or thirty year loan.

What is the difference between a fifteen year Loan and thirty year loan?

A fifteen year Loan will mean higher monthly payments, but you will pay less interest.

So a thirty year Loan will mean lower monthly payments, but I will end up paying more in the long run?

That is right. Which would you prefer?

I think I would rather pay it off sooner and not pay as much interest.

Then we will sign you up for a fifteen year loan.

What is my interest rate?

Based on your credit report and excellent credit score, your interest rate will be 5.9%.

That is great! Where do I sign?

Just fill out this remaining paperwork and we will get you into your new home.

المصدر: منتدى الخليج

 thanks for your efforts

 يسلمو قطعة سكر ويعطيك ألف عافية

 شكراً لطرحك
يعطيك ربي العافية

 الله يعطيك العافيه على نقلك

تحيتي وتقديري لك

 يسلمو على طرح المعلومات
ويعطيك ألف عافية

 يعطيك العافيه

تسلم الايادي