Q. My girlfriend and I are looking to move into a new home come Dec/Jan. She is a 650 credit score, I am a 600. Looking in the price range of a $100-150K home. Planning on putting $2,000 down.
With that being said, what kind of interest rate should I be expecting? Also...I have heard of 80/20 loans. Any feedback on those?
With that being said, what kind of interest rate should I be expecting? Also...I have heard of 80/20 loans. Any feedback on those?
A. I just bought a home about 6 months ago, so I know what your going through. It depends on a few things. Where do you live? How much money do you guys make? What's in your credit history, not just your score!
I can tell you from your credit score that your definitely not going to get the prime rate. You'll probably get a rate a few percents above whatever the best rate is that the mortgage company offers.
An 80/20 loan is two separate loans and the 20% loan's rate is always higher. When you make a down payment on a home that is less than 20% of the sale price then you pay on an 80% loan and also a 20% (both %'s are in respect to the selling price on the home) So therefore, you'll either have to take out a 80/20 or a loan for the sale price and then pay mortgage insurance (PMI) (because your down payment is nowhere near 20%).
I was told not to mess with an 80/20 loan for different reasons but you'll have to do your research in order to make the best decision for you two.
I can tell you from your credit score that your definitely not going to get the prime rate. You'll probably get a rate a few percents above whatever the best rate is that the mortgage company offers.
An 80/20 loan is two separate loans and the 20% loan's rate is always higher. When you make a down payment on a home that is less than 20% of the sale price then you pay on an 80% loan and also a 20% (both %'s are in respect to the selling price on the home) So therefore, you'll either have to take out a 80/20 or a loan for the sale price and then pay mortgage insurance (PMI) (because your down payment is nowhere near 20%).
I was told not to mess with an 80/20 loan for different reasons but you'll have to do your research in order to make the best decision for you two.
Are there any extra taxes on BSNL 500 home plan?
Q. Last month I was using 250 plan and this month i have brought up 500home plan. Are there any extra taxes on it? Is 500 c better than it ?
I didn't know about the two other plans of rs.500. The officials didn't ask me also.
And they changed it to 500 home plan. Do you think I should change it again?
I didn't know about the two other plans of rs.500. The officials didn't ask me also.
And they changed it to 500 home plan. Do you think I should change it again?
A. 1) BSNL Dataone plan 250
-- It is not having night free 02:00 - 08:00
2) BSNL Dataone plan 500
--It is having night free 02:00 - 08:00
--2.5 GB FREE/ MONTH /excess will be charged
3) Charges Month / Rs. 500 + Tax nearly 12%
4) Yearly payment Rs.5,000 + Tax Rs.618 = Rs.5,618
-- It is not having night free 02:00 - 08:00
2) BSNL Dataone plan 500
--It is having night free 02:00 - 08:00
--2.5 GB FREE/ MONTH /excess will be charged
3) Charges Month / Rs. 500 + Tax nearly 12%
4) Yearly payment Rs.5,000 + Tax Rs.618 = Rs.5,618
I'm trying to find a home plan site that has mid-century modern style home plans. Anyone know any? Thanx.?
Q. I've searched and searched, but I keep getting vintage books on mid-century modern home plans. I'm looking to build a home and I need a home plan that is more recent than that to give to the contractors. As long as the plan loox mid-century modern; tons of windows in the front and lots of open space inside. Any help would be appreciated.
A. I can't think of any right now. Try google.
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