How to Calculate an Amount to Be Financed?

Answer The full price of a major purchase such as a house, boat or car is rarely financed. Most lenders for these types of loans require a down payment of some sort, usually expressed as a percentage. Add... Read More »

Top Q&A For: How to Calculate an Amount to Be Financed

How to Calculate Amount Financed in Excel?

A loan calculator created in Microsoft Excel is capable of determining a number of different factors related to a standard installment loan. Prior to purchase, a loan calculator can project the siz... Read More »

Options If Property Value Is Less Than Financed Amount?

So-called "low" appraisals, in which the property value is less than the agreed-upon sales price or amount to be financed can be a big headache for home buyers, home sellers and homeowners, especia... Read More »

What if the appraised value of home is less than the financed amount?

An appraisal of value is almost always required when a buyer wants to obtain a mortgage to purchase a home. But what happens if the home isn't worth as much as the price the buyer is willing to pay... Read More »

How to Calculate the Amount of Your RMDs From Your IRA?

Unless you have a Roth IRA, the Internal Revenue Service forces you to start taking money out of your IRA in the year that you turn 70 1/2 years old. No exceptions exist to allow you to delay these... Read More »