60 month Financing
How many people out there finance or would finance a motorcycle (of approx $8000) for 60 months? Will most high end 600cc bikes hold their value well enough that two years down the line you won’t owe more than the bike will resell for? Monthly payment would be about $170-175, and the balance on the [...]
Calcualting a Mortgage
Is there a simple formula for calculating a mortgage on a standard calculator? I am taking a real estate appraisal exam soon and one of the questions that appears to pop up (from the sample tests I’ve seen) is calculating a monthly mortgage payment. A number of calculators have the formulae built into them. I [...]
Frugal living in consumer-driven economy?
Many of these greedy people are selfish to an extreme and could care less about other people. Study Martha Stewart for example. I read that she refused to pay her gardener overtime. When he asked to be paid for this work, her reaction was to hire a lawyer to fight it. The lawyer found a [...]
Fat count, BMI question
Now the calculations tell me that I have to be between 189 and 203 lbs to be in good condition… I just can’t see where a 5 feet 8 inch guy (me) would be healthy being around 195 pounds where as some BMI calculators say I have to be around 160 LBS in order not [...]
Help with Mortgage Calculations
I hope someone can help me. I am trying to figure out the formulas for calculating various items in my mortgage and ***sigh*** I seem to be having great difficulty in figuring them out. I have scoured the Internet and found alot of useful information but the formulas I have found are oriented towards U.S. [...]
Bush needs recession to cure
ADRESSING the nation and a joint session of Congress, President Bush outlined his spending priorities and especially his proposal for a $1.6 trillion tax cut. No one likes taxes, but the last time Americans nodded yes to honeyed words about how a massive tax cut would do wonderful things for the economy, the resulting deficits [...]
Calculate your Body Mass Index (BMI) graphically
I was curious and I followed your link. Although after playing with it I was unhappy with it’s results, no fault of yours, it’s cool. Personally I would add a few banners of something to it to advertise anyother weight assocated tools you have. Don’t feel bad, Richard… my BMI was 29.7 a few years [...]
Goal weight and motivation
It was interesting reading that “5 months in maintenance” thread. I’m now wondering if my goal weight is a valid one (I used a BMI calculator). How does one calculate one’s body fat percentage? And then how does one calculate what one’s body fat percentage *should* be? Also, I’m still having motivational problems. I’d always [...]
Mortgage payment question
Could someone tell me if I pay 1/2 my mortgage on the 1st of the month, and the other 1/2 on the 15th of the month, will this benefit me in any way??? It probably won’t. Most banks compute the interest as if the payment was made on the scheduled date, so you won’t save [...]
Mortgage Calculations
Some time ago I miscalculated an escrow contribution in my mortgage loan and accidentally added a small excess amount to my regular mortgage payment ($1.56). The lender¹s computer automatically applied the buck and change to the principal of my loan. The result is that every month or so for more than a year now the [...]
Down Payment Percent
My wife and I are trying to figure out what percent we should put down on a house that we might buy in Tempe Arizona. First off, we will probably only be staying in the house for 2-3 years. We have about $40,000 for a down payment. We are looking at a $170,000 house so [...]
Daily Mortgage
My mortgage is calculated daily, using 360 days a year. How do I calculate monthly, principle, and interest payments? I can use MS Excel to calculate monthly mortgage payment and the numbers agree with bank’s numbers to cents. But this bank I do business with calculate mortgage daily and use 360 days a year. My [...]