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Debtconsolidationcare.com - the USA consumer forum

when will my loan be paid off

Date: Sun, 12/31/2006 - 12:18

Submitted by anonymous
on Sun, 12/31/2006 - 12:18

Posts: 202330 Credits: [Donate]

Total Replies: 5


when will my loan be paid off
i pay $45.00 a week


Welcome. You have reached a debt forum where people come to discuss different types of debt and different ways of resolving these debts. What is the name of the company you are dealing with? We may be able to help you get contact information. Also, is it a payday loan? If so, is it internet or store front?


lrhall41

Submitted by dbaker6 on Sun, 12/31/2006 - 12:21

( Posts: 1600 | Credits: )


I have a 30yr fixed rate at 6.00%. The start date of the loan is 2-1-2001
Assume the monthly break-down of my $2000.00 payment is $1000.00 toward interest, $100.00 to taxes and $50.00 to homeowners insurance. (No PMI) the rest of the monthly payment goes to the principle. How soon will my loan be paid off ahead of schedule?
I don't want to take 30 yrs to pay off my house.
Is there an easy way for me to do this in an excel spread sheet? (Don't change any of the parameters I've given. This will give me an accurate enough example.)


lrhall41

Submitted by anonymous on Thu, 10/30/2008 - 07:43

( Posts: 202330 | Credits: )