Not exact matches
Christine - Advances are WAY down and after your agent and the tax man take their cut, as a debut novelist who doesn't have a huge head of steam behind you (e.g., you're not a celebrity or otherwise famous for something), you can only expect to have enough of your advance
left to maybe
pay your rent or
mortgage for a couple of
months.
The lender will want to know if you have enough money
left over every
month after you meet your necessary obligations (rent,
mortgage, car payment, utilities, credit cards, etc.) to
pay back the loan.
$ 40,000 credit card debt - Turning 58 - Have good
paying job - Faced recent financial challenges (medical / family assistance) over last 5
months - Have 10 credit cards (3 with high balances, $ 15,000, $ 9,000 and $ 8,000)- Late payments only to the above 3 credit card accounts (3 mos, 2 mos, 1
month)- Made recent payments to 3 credit card accounts to bring accounts to temporary favorable status -
Mortgage current - Completed graduate degree but
left to
pay last year out of pocket when reimbursement program was greatly reduced - Consulted with debt management counselor to go on budget and work with creditors to be
paid out of a single monthly payment.
3
months after we started
paying the
mortgage on our previous house we suddenly were in the circumstance where we could
pay off the entire thing (and have a bit
left over).
• How much can I afford to
pay for my
mortgage each
month and still have enough money
left over to meet other financial goals?
Cash flow is the rent money
left over at the end of each
month after the property's
mortgage, taxes, maintenance, insurance and property management costs are
paid.
«I'm returning to work next
month after my second maternity
leave and we're trying to figure out how we're going to
pay off our
mortgage,
pay for two daycares, save for our children's education and our own retirement while still having a little
left over for a big family vacation in three years.
My grandma passed in September, she
left me my home (which I had already been living in and
paying the
mortgage on for the past 5 years - it has been
paid out of my bank account to the
mortgage company EVERY
MONTH on time or early), I do not have good credit to refinance., but I AM capable of continuing the loan.
We are in our five year of our
mortgage, however, we only have a little over 22 years
left on it and by simply
paying a little extra each
month has gotten us ahead.
You've decided it's time to get a better deal, but when you speak to your current lender about switching, you get the bad news: you have to
pay a
mortgage penalty of $ 5000 to get out of your
mortgage, which still has 26
months left in the term.
Then there's at least $ 1,500 per
month left to
pay off the
mortgage in less than half the time of the original term!
This is more for the folks like me, people with large monthly obligations (student loans, families,
mortgages, etc.) that will
leave them financially crippled and / or homeless if they don't
pay the man every
month: you may be able to get by for a few
months with zero income, especially if you saved before going solo (you really, really need to save before going solo), but at
This tip is for folks like me; people with large monthly obligations (student loans, families,
mortgages, etc.) that will
leave them financially crippled and / or homeless if they don't
pay the man every
month.
I had adoption
leave which at the time entitled me to three
months full
pay so I could
pay the
mortgage and a bit of time for Kenny and me to bond and attach.
As you
pay down the
mortgage every
month with your rental income, your equity will continue to increase, until you own the property free and clear...
leaving you with residual cash flow for years to come.
In this context, your residual income is what you have
left over each
month after
paying your recurring debts, such as your
mortgage payment, car payment, and credit card bills.
If you commit to
paying more each
month for a fixed - rate
mortgage and then
leave the home before you've built much equity, you've essentially overpaid for your
mortgage.