Sentences with phrase «still outstanding mortgage»

The original type of mortgage life insurance providing coverage that decreased each year with the amount of your still outstanding mortgage loan, while premiums remained the same.

Not exact matches

It's the outstanding balance that you still owe on your mortgage at any given point.

Subtract the balance of the loan still outstanding on your mortgage from the appraised value of your home.

This is because, for example, if you lost a leg and were unable to work for several months, but accumulated hefty hospital costs in addition to your normal living expenses, your outstanding financial obligations (such as a mortgage) would still be there.

There is a still a large mortgage (effectively) as is there outstanding payments of resent purchases.

Homeowners insurance is not required by law but it is a commonsense measure for property owners who own the title outright and for individuals who currently have an outstanding mortgage to still protect themselves and their investment by purchasing homeowners insurance.

However, you may still owe money if your property's resale value doesn't cover your outstanding mortgage balance.

This is because, for example, if you lost a leg and were unable to work for several months, but accumulated hefty hospital costs in addition to your normal living expenses, your outstanding financial obligations (such as a mortgage) would still be there.

All this being said, the $ 1.41 trillion in outstanding student loan debt is still a ways off from the $ 10.6 trillion in mortgage debt during the peak of the Great Recession.

I still have a large mortgage and my equity would be 1/2 the home less mortgage and outstanding property tax.

Mortgage lenders in these areas may determine that even though they must maintain, insure and sell the home, they may still make more money and have more qualified bidders at an auction, potentially allowing them to receive full payment for the outstanding mortgaMortgage lenders in these areas may determine that even though they must maintain, insure and sell the home, they may still make more money and have more qualified bidders at an auction, potentially allowing them to receive full payment for the outstanding mortgagemortgage loan.

Prospective borrowers who own their homes outright: The median home value of borrowers who did not have an outstanding mortgage is $ 197,500 (this is $ 57,000 lower than the median home value of people who still owe money on their homes).

Equity can be attained either by a down payment during the initial purchase of the property or with mortgage payments - as a contracted portion of that payment will be assigned to bring down the outstanding principal still owed.

After five years, the balance is still $ 177,015.00 or 88 % of the original mortgage is still outstanding.

Or is it the cover any mortgages and outstanding debts that you may still have?

Well, because you might still have outstanding debts and mortgages.

Let's say you were smart and paid down your mortgage but you still have outstanding business loans.

If you have a $ 200,000 level term life insurance policy, and you die 10 years later with the balance of $ 140,000 still outstanding on the loan, the mortgage will be fully paid, and the remaining $ 60,000 will be paid directly to your beneficiaries.

His family will still have to continue with payment of regular bills, EMIs of outstanding loans, mortgages, and other financial goals, such as savings for children's education and retirement.