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Can you only make principle payments and avoid paying interest on a home loan?

Can you only make principle payments and avoid paying interest on a home loan?

I had heard before from someone that you could ask for an amortization schedule and make a prepayment of the principle each month and avoid paying the interest for that month. Is that true? or how does that work?

Related :


How to remove co-owner of house off mortgage?
Ok so I made the biggest mistake ever…….. I bought a house with my girlfriend who is now my ex. dumb dumb dumb. How do I go about getting her off the mortgage? If I refinance in my name alone will I have to pay closing cost all over again? Thanks
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“”My auto loan was sold to Santander and they sent me a letter, saying I have a maturity date 3/2/2011 to?””
pay my car off, I don’t recall seeing a maturity date on my original contract, I am looking for it as we speak, I got my car in July 06 and made my first payment Aug 06 for 60 months term, so my car will be paid off in Aug of 2011? Are they allowed to now say I have a maturity date??? I should have another 6 month to pay my car off right now 3/2/2011? HELP””
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What happens if a cash advance loan goes unpaid?
I have a cash advance loan out and don’t have the cash to pay it back. If the post dated check goes through I will be in major debt. I wanted to put a stop payment on my check. What action will the lenders take?
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“”Who is a bankruptcy lawyer in Akron, OH?

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#repost

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Should I feel guilty about my bankruptcy after my divorce?
Boston, at the end of my details, I do admit I take blame for marrying her. I’m not sure how I could of foreseen this from her but I’m starting to believe marriage in general is a poor financial decision. she worked when I met her. I met her at work actually. it was after we got married she quit working. nevertheless, I will never get married again. people just can’t be trusted and I don’t trust my ability to truly know someone. “”
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“”House is $214,000. Taxes $4,371. What will be the mortgage payment?””
actually list price is 214,000 so lets call it 205,000.””
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“”Which is best, quickest, and easiest online payday loan site that wont just redirect me to site after site.?

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Is such a thing as a free credit report really exist?

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County property tax and mortgage escrow question?
My wife and I just closed escrow 1 month ago. Our property taxes were to be included in our mortgage payment. The property taxes are included, but it looks like not enough. Looking at our settlement statement (HUD-1) under Reserves Deposited with Lender””
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Is an APR of 5.60 for an auto loan too high?
I would like to buy a new 2010 Tacoma. I would have to go the extra year (72 months) to get the payments I can afford. I was quoted an Annual Percentage Rate of 5.60. I have decent credit. Does this APR sound too high? …Wish I was a little better at this APR type of stuff. Thanks in advance. Artie J.
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The best seller manga?
yesterday i saw there were the list of best selling manga….i saw one piece is in the first one, and naruto manga in the second one . but i can not know what’s the rank of bleach? i did not found its rank..””
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“”Credit Card Debt, Should I use Debt Managment? Greenpath?””
welllll, being young and naive I sort’ve got myself into a little mess with credit cards. I owe about 30k in credit card debt and a bank loan + 5k in student loans. Well, I’m having hard times, perfect credit for 12 years until I lost my job at the post office. I was working thru temp 1 day a week, now I’m working minimum wage and haven’t paid on any of 5 cards in 3 months. I explained the situation to the creditors and told them to please stop calling me so much, I recieved 20 calls in a day from the one company! So my car blows up too.. I did have the ball together, was starting my own business,, now everything fell apart, car blows up, gal left w/ kid, living in hell,,, please help my broke asz.. has anyone used Greenpath debt management? Chase sent me there way, they said they will get the cards down to 2%, consolidated, and paid off in 59 months. I don’t care about my credit so much, I just want get my life together again.. So basically i’d be paying $560 a month instead of almost $900.. It wasn’t hard paying these when I had a good job, but now its near impossible..Thanks for your opinions!!! You can call me a loser if u like ;)””
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Financial question…?
I have about $85,000. I have a $250k+ medical debt. The collection agency will not accept my offer to settle the debt for anything less than 140k. Which I don’t have. I don’t qualify for bankruptcy, I have too much money for chapter 7 and no job for chapter 13. I live off this money until I find a job. I can’t plan for the future, I can’t find a job, I don’t qualify for any government help. I rent, I don’t own a house. What should I do? What would you do in this situation? I’m just giving up and gonna say F it all.””
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Home pre-approval letter questions ?
I am planning to buy a new home as first time home buyer. If I have to get a pre approval letter before searching for homes, where is the best place to get one. If I have been maintaining a savings account in citibank from past 5 years, does it make sense or easy to get a pre approval letter for my home loan from Citibank ? or it doesn’t matter? Do they run my credit history before issuing a pre approval letter ? How many days does it usually take to get a pre approval letter ? Does the pre approval guarantee that the bank which issued the letter will lend me the money to buy home ? Do I need to borrow money from the same bank where I got the pre-approval or I can look for another bank ?””
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I want to file for bankruptcy?
im in california can i file and pay in payments
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#repost

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How can i get a free credit report and my credit score…w/o giving any info on my credit or banking account??
i want to do this online
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Is it usually easier to get approved for an auto loan at your credit union?
Do they generally just go by your fico scores? What else may they look at to determine if you get approved?
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#repost

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What caused Mortgage Crisis (10 pts to best answer)?
I want to know WHAT CAUSED THE ADJUSTABLE MORTGAGE RATES TO GO UP IN THE FIRST PLACE>
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Find my credit report for fee?
I have a 630 credit score and was told i have a deliquent account on public record. how do i find out who has posted these deliquent accounts
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Auto Loan?????
When applying for an auto loan online they require i fax my most recent paycheck stub to them, i was just curious do they call my job to verify my income?? or do they verify all the tax difference?? or do they just want to see proof of my income?? can someone help please.””
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“”I want to buy a $15,000 dump truck .My credit score is 471?””
Private person sale. Where can I apply for a bad credit loan? I’m scared of web scams. I will be able to pay high interest rates. I will start my business and make $8,000 a month immediately. I need reputable recommendations ..prefer online processing””
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Can I apply for an SSS salary loan without an SSS ID or an E6 form?
I only have my E1 form. Can I present that and two valid IDs in lieu of an SSS ID/E6 form. I haven’t been able to apply for an SSS id yet…
“Can you only make principle payments and avoid paying interest on a home loan?

I had heard before from someone that you could ask for an amortization schedule and make a prepayment of the principle each month and avoid paying the interest for that month. Is that true? or how does that work?

I had heard before from someone that you could ask for an amortization schedule and make a prepayment of the principle each month and avoid paying the interest for that month. Is that true? or how does that work?


Where can i get a payday loan thats doesnt check teletrack or your credit?
I am trying to get a quick loan untill i get paid today without them checking credit of telecheck or teletrack
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I need an online loan with no security deposit required can any one help?

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Best program to get finances in order?
My husband and I’s bankruptcy will be officially off the record this next March 2011. (Yay!) It has been a long road…and would never recommend it for anyone. However, we want to be very careful in how we manage our debt in the future. Is there a user friendly program that you would highly recommend? These are our present finances: mortgage, 2 credit card balances ($600 each) and then the normal stuff: auto and home insurance, life insurance, electricity, phone, cable. We have no car payment. I ideally would like to have a cushion of about $1,000 always in our checking. My wish, as insignificant as it may be, would be to wake up every morning NOT worrying about finances, providing for our kids when they need money to go shopping for school clothes and the ability to go out with my husband to see a movie once a month. That would be a dream of mine! I would love to have that $1000 cushion too. We’ve been married for 26 yrs this month. Our children are good kids ages 21, 17 and 14. My husband and I have never smoked or drank. Before our bankruptcy, we never went on expensive trips, ever. WE need to conform to good habits, we know. What has worked best for you? Any tips would be greatly appreciated. We want get a good new start. Thank you!””
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I used a wrong credit card number in a site mistakenly and its seems to be a valid credit card however the payment didn’t go through?
i used a wrong credit card number in a site by mistake and its seems to be a valid credit card number belongs to some1 else however the payment didn’t go through as it said(the bank refused the payment) and so is that considered to be a fraud or something illegal for trying using some1 else credit card noting that it was by mistake and the payment was blocked and didn’t go through
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Need to find out whats on my credit.?
Any1 know of a free website that can help me find out whats on my credit
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Bankruptcy…11 years later?
Our bankruptcy was discharged 2 years ago. One of the cards on our bankruptcy was for Best Buy. Since that time we have become financially stable and would like to take advantage of the 18 months interest free for a new fridge. My question is, if we apply for the Best Buy card after all this time and its approved will we have to reaffirm that dept from 11 years ago?””
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“”Where can I get a free FICO score, credit rating and credit report?””
I am looking to get my report and scores, but isnt there a place where you can sign up for a free liting and NOT have to pay for anything else or sign up for any programs?””
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How long does it take for things to get off your credit after you pay them off?
I’ve paid off most of my depts (mostly charge/credit cards) but now i want it off my credit report. How long must i wait for this?
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Question regarding filing bankruptcy?
I know my best option is to talk to an attorney, but I’d like to get some pre-attorney advice on here before hand. The big question is, should I file for bankruptcy? I am only in my early 20’s, and I made some mistakes when I was in my teens. Without getting in to the story, what I will say is that, all of my credit cards were charged off, and sent to third party collection agencies. I owe about $10,000 all together. I was told that a charge off looks horrible on your credit account, and the only way to recover from a charge off is to wait the seven years for it to wash off your report. How do seven charge offs look compared to a bankruptcy? I am still struggling to pay them off, and my monthly income is sufficient to live off of and pay things such as rent, food, utilities, and for my dependents. There is legitimately no money left over to even think about negotiating the money. I know I owe it, and I’m not denying that, but I’m trying to figure out my options from here. What are the benefits from filing for bankruptcy VS waiting it out and paying them off later down the road?””
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Bankruptcy and how to fix your credit?
I filed Bankruptcy and it has been discharged for a year as of June and i went to pull my credit report some of the items that are on my credit report is still there they where not paid off. I still have balances on 15 accounts i filed chapter 13 and i have been trying to get in touch with the attorney i went through and he is no longer with this company. My credit score is 512 what can i do fix this problem i am 13,000.00 in debt because of this and i dont have that kind of money layng around the house should i consolidate them they are all old bills but i wanna fresh start. Please Help!!!””
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How to stop credit report harassment?
A friend told me she paid off a debt to her landlady several years ago but, in spite of clearing the debt, the landlady keeps harassing her for more personal reasons by falsely reporting the debt as unpaid on her credit report. She has went through the motion of removing the false mark several times and yet the slimy ex-landlady keeps adding it right back within a few months. I’m wondering how she might stop this harassment.””
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Quantum number combinations? Chem help!?
Are the following quantum number combinations allowed? If not, show two ways to correct them. a) n=1; l=0; ml=0 b) n=2; l=2; ml=+1 c) n=7; l=1; ml=+2 d) n=3; l=1; ml=-2 Thanks!!!””
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Have credit scoreof 543carjust tanked any chance of low down pay auto loan?

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Whats the best payday loan website to go with?
I need a $600 loan and would like about 2 months to pay it off.
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Which US Navy jobs are sea-bound and which require shore duty?
Thx for all the NON smarty pants responses.lol
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How can i turn my VA payments into a large lump sum?
i get $1,228 a month from the VA as compensation for the wounds i received in combat in Iraq. I was hoping someone knows of a business like Peach Tree or JG Wentworth that will advance me $6k and allow me to sign my payments from the VA over to the lending company for a few months until the loan and interest are payed off. i tried peach tree and JG Wentworth but they said that they dont loan money against a VA compensation and that they work mostly with lotto and legall cominsation reciprocatests.””
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Can 16 year olds get loans?
i have a well paying job which i could cover the payments i need it for a vehicle
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Can a bank withdraw a signed mortgage offer?
i signed and sent back a mortgage offer in july. yesterday oct 29th the bank told me the terms of the offer were being changed because the original terms should not have been agreed,this was there mistake!! i can still get a mortgage but only for 68.000, i originally was going to get 76.000 so i could improve the home. i will now have to get a loan to do these improvements.more cost!! can they change a signed mortgage offer? i’m sure if i changed it due to an error from me i would be in trouble!!!””
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How do find why i do not have good credit when but paid on time use the card how can figure out what happen?
help i try to buy a car and they said my credit was bad but always paid on time all the and ever thing how can check my credit
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How can I find out credit score for free?

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#repost

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#repost

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When can i refinance my car loan ??
i bought a car on June 5th this year ( 200–7-) Now i pay around 425 dollars for it every month , and as per insurance around 198 . i make around 750 dollars a month . i am doing this because i want to be independent from my parents. If i don’t start somewhere then i will never be on my own . anyway emotional stuff aside..hehe. When can i refinance my loan , currently it’s around 6–7% I think my credit score went high , my equifax is 669 , when i checked right now on creditinform.com. I have chase bank , you think they can lower it ? do you know how much lower they can go ? around 300 maybe? i am goin to take defensive driving class also , i heard that saves a lot of money also on insurance.. Please help , : ) thanks , have a nice day.””
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Where do I make payments to my jcpenney credit card?

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Address isnt mine on credit report?
It belongs to mother in law. She just bought life insurance but have no clue on who. So my question is what reasons would her address show up on my credit report
“Can you only make principle payments and avoid paying interest on a home loan?

I had heard before from someone that you could ask for an amortization schedule and make a prepayment of the principle each month and avoid paying the interest for that month. Is that true? or how does that work?

I had heard before from someone that you could ask for an amortization schedule and make a prepayment of the principle each month and avoid paying the interest for that month. Is that true? or how does that work?

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