http://www.financealley.com en-us editorial@financealley.com Scenario: I’m looking to refinance from 8.5% 30 year fixed rate mortgage to lower 30 year fixed loan. I owe $70,000 on $150,000. My credit scores are 725, 680, and 695. I’m also looking for additional cash of around $5000 to pay off the bal... http://www.financealley.com/article_740880_19.html 07th January 2009 If you'd like to find out whether you can afford a mortgage on your home, use the How much house can I afford Calculator. This calculator helps you to calculate and find out how much mortgage you can afford with your monthly income. How to use the ... http://www.financealley.com/article_686078_33.html 12th November 2008 . Scenario: I locked a fixed rate mortgage with XYZ Company for 6%. The closing costs came out to be 5.5K and no additional fees or points were charged. When I got the Truth-in-lending disclosure, the APR came out to be 6.85%. I called my... http://www.financealley.com/article_672179_19.html 21st October 2008 Scenario: I have been recently approved for a 2/28 ARM with 5 year interest-only period and received a commitment letter. I filed bankruptcy 3 years ago but my spouse, the co-borrower has good credit, a... http://www.financealley.com/article_645302_19.html 23rd September 2008 Scenario: I have a foreclosure soon to take place on my first mortgage. What happens to the second mortgage if it is paid up to date? I was so stupid that paid a company XYZ $1000 to negotiate a plan for paying the first loan. they promised me... http://www.financealley.com/article_605967_19.html 21st August 2008 Do you wish to calculate payments and compare loans? Or do you want to find out whether you’re eligible for a loan? Use mortgage calculator, a financial tool which will help you work out the figures prior to taking a financial decision or at every s... http://www.financealley.com/article_586366_19.html 23rd July 2008 Scenario: My mother has taken a mobile home loan for a property in Florida. She has another home in South Carolina. Her husband has passed away last summer and for the past 3 months she hasn't been able to afford the payments. What will happen ... http://www.financealley.com/article_583359_19.html 22nd July 2008 Scenario: My mom has quitclaimed her house to me. But we were advised not to file it as because it would lead to problems for the Medicaid assistance that she gets. If I file the deed would I have to pay the property taxes? Will the state take away the... http://www.financealley.com/article_553127_19.html 09th June 2008 Scenario: I'm at 65 and would like to repair my home. The approx cost of repairs is $75000 and I'm yet to pay for $255,000 of home equity loan balance. Should I refinance with an interest-only loan for low payments or get a reverse mortgage or do you t... http://www.financealley.com/article_552510_19.html 06th June 2008 Scenario: I’ve come to know of a few people who’ve lost their homes because they took a mortgage that they couldn’t afford and when they wanted to sell off and move out, they came to know that their houses received over-inflated appraisal at... http://www.financealley.com/article_539414_33.html 15th May 2008 Scenario: My father has been through financial problems throughout his life. 10 years ago, he and my mom have had negative credit scores due to past uses with the IRS and he even had his wages garnished. However he could scrape by and later on I he... http://www.financealley.com/article_526014_19.html 29th April 2008 Scenario: I am planning to take out $40,000 out of my 401k Plan account to pay down my second mortgage debt. I thought it will be good enough if I pay myself the interest instead of paying it to the bank. I... http://www.financealley.com/article_462291_33.html 25th January 2008 Scenario: I am looking to do some repair work on my home as well as pay off 2 credit cards. I have an existing mortgage on the property, the balance on which is $30,000. I am thinking whether to refinance the mortgage or take out a fixed rate secon... http://www.financealley.com/article_199868_69.html 09th August 2007 Scenario: I have around $25,000 in credit card debts. Will it be a wise move to use my 401K money and pay off the cc debt? The total amount of cash in the 401K account is 45,000. I am behind on many of the payments and wish to get out of debt asap.... http://www.financealley.com/article_195134_19.html 31st July 2007 Subprime lending was one of the rapidly growing sections of mortgage market and lenders provided scope of home ownership to those who were not able to qualify for conventional loans. But collapse of numerous subprime lending institutions & increasing rate... http://www.financealley.com/article_152441_19.html 26th April 2007