2007-04-11 04:50:52 · 5 answers · asked by gina 1 in Business & Finance ➔ Renting & Real Estate
It's in your paperwork. They have to tell you what it is. If you can't find it, call the bank or mortgage company and ask them.
2007-04-11 04:54:13 · answer #1 · answered by MOM KNOWS EVERYTHING 7 · 0⤊ 0⤋
Here is a loan calculator for mortgages http://www.mortgageawareness.com/calculator.html
2007-04-11 13:41:22 · answer #2 · answered by Anonymous · 0⤊ 0⤋
monthly Interest paid times 12 divided by principle balance times 100.
Say you paid $498 "interest" this month and your loan balance is $94,500.
$498*12 = $5976 (annualized interest)
$5976 / $94500 = .06323 (interest rate)
.06323*100 = 6.323 % (percentage
2007-04-11 13:27:17 · answer #3 · answered by Roger C 5 · 0⤊ 0⤋
Look for the "Note" on your loan. It tells you what you want to know and it is easy to read.
2007-04-11 12:00:29 · answer #4 · answered by thinking-guru 4 · 0⤊ 0⤋
enter your info with this pricing engine and they'll give you a quote on the spot.
2007-04-11 13:09:22 · answer #5 · answered by Anonymous · 0⤊ 0⤋