Loan

Credit News

How to get the best loan deal for your dream car #apply #for #loan


#best loan deals
#

How to get the best loan deal for your dream car

The loan math

A loan deal becomes sweet only if there is some kind of incentive from the manufacturer or financier. Otherwise, it can be as good as any other loan deal in the market. Try and separate the loan purchase from other negotiations in order to maximise it. Even if you can’t maximise, you would know what exactly you’ve got.

For instance, a discount offered by a manufacturer can be clubbed in the loan calculation to make the loan deal look much better. Assuming that you take a Rs 4-lakh loan at 12% interest rate for 5 years. The EMI will cost Rs 8,810. Let’s assume that the dealer has got a discount of Rs 25,000 to be offered to you. He doesn’t tell this to you but reduces it from the loan amount, making the EMI as low as Rs 8,259. Or he may also choose to tell the customer that the effective interest rate he is offering is 8.8%. A discount of Rs 25,000 doesn’t sound as lucrative as an interest rate of 8.8% in the current scenario,” says Banwari Lal Sharma, AVP, CarWale Automotive Exchange.

Is it really a discount?

A car dealer offers a “good” deal only under the following circumstances. First, the dealer has a huge stock of a particular car and he wants to liquidate that at any cost. Second, the dealer has service issues, which has impacted his reputation. Hence he may design attractive deals to offset its impact.

If the dealer claims to give a good discount, you should first understand the nature of the offer. The dealer may be offering accessories, insurance, car loan etc. at a ‘discounted’ price. But it may not be the best and the lowest price in the market. “Car accessories such as music systems, Bluetooth are much cheaper in shops owned by the authorised dealers. If the dealer is giving a discount on the car cost or accessories, the dealer has already made his money by earning a good margin on accessories. Thus the dealer makes money by inflating the charges of the value-added services and the customer is usually unaware,” says Rupesh Rele, a Mumbai-based auto expert.

Hence you should cross-check the offer not just with other dealers but also with other industry players who specialise in selling accessories, insurance or loans.

Cash Discount the best bet

A dealer may entice you with a cheaper loan offer which may seem half of what the banks offer. But there are chances he may build it into the cost in some other manner. “A customer should ask only for cash discount. Most dealers say they will offer a lower interest rate instead of a cash discount. That will reduce the customer’s EMI. But car buyers should not fall for this pitch. If you are paying 1 lakh as down-payment for a Rs 5-lakh car loan, ask for a cash discount on that Rs 1 lakh. Then compare the discount offers from various lenders to identify the best deal,” says Harsh Roongta. chief executive officer of Apnapaisa.com .

Age of the car

This is as important while buying a new car. Car sales have plunged in the past two years because of rising petrol prices and higher interest rates. Typically, dealers also offer the best discounts on these “dated” cars. But if you are looking to sell the car in 3-4 years, the manufacturing date of the car will be the sole determinant of the resale value. Let us look at two cars of the same make and sub-type. One with a manufacturing date of December 30, 2011 and the other with a manufacturing date of January 5, 2012. Both the cars have a registration date of May 2012. “The car manufactured in 2011 will be sold for a cheaper price and at a better offer than the one made in 2012. But if you intend to sell this car after 3-4 years, you will get a far lower value for the 2011-car although it is only 7 days older than the 2012-car,” says Rupesh Rele.

Hence don’t forget to look at the age of the car while negotiating on the price and the discounts offered by the dealer.

One rupee and free insurance

The cheapest is not the best when it comes to insurance. You have to look at IDV (insured’s declared value), coverage of the policy and the tie-ups of the insurer before buying an insurance policy. IDV is the compensation you get in case of theft or total loss of the vehicle due to accidental damage. The IDV should not be less than 15% in the second year and 20% in the third year. Also opt for a comprehensive insurance coverage than third party liability. Compare the policy details with what the insurers offer and also the price and quotations.

Next time a dealer doles out the ‘best’ car loan offer, do your EMI math by getting separate quotations from banks based on your loan affordability. Compare those with the dealers’ quotations. And always negotiate on cash discount. This will lower your loan amount, EMI and the interest outgo, too.


10 steps to a great deal on a new-car loan #school #loan #consolidation


#loan deals
#

Ch. 2: Your new-car dollar

Here are 10 tips to help you get the best auto loan:

1. Shop the loan separately from the car. Before starting negotiations on the exact car and price, begin the loan application process with credit unions, banks, well-respected online lenders and even your auto insurance company. “Generally, we’ve seen that online banks have been the best,” says Anthony Giorgianni, associate finance editor of “Consumer Reports Money Adviser” newsletter in Yonkers, N.Y. “The little banks might be very competitive,” he says. “A lot of them didn’t get caught up in the credit crunch.” And credit unions rates tend to be about 1 percent to 1.5 percent lower than banks, says Jim Hanson, a vice president at the Credit Union National Association in Madison, Wis.

You can get prequalification for a loan, which would enable you to go to the dealer with a blank check — good up to a specified amount, says Phil Reed, senior consumer advice editor for Edmunds.com. Once you have a solid, written contract with the dealer, only then ask if they can beat the financing deal you already have.

Shopping for a car or just a car loan? Download Bankrate’s auto app for price comparisons, loan calculations and more.

2. Limit your loan shopping to a two-week period. Every time you apply for a loan — whether you are approved, whether you use it — your credit score goes down and it makes it slightly more difficult to get a prime-rate loan. But if you make all of your applications within a two-week period, they count as only one inquiry.

3. Get familiar with your own credit history. Get free copies of your three credit reports, from Equifax, Experian and TransUnion at www.AnnualCreditReport.com. If you want to learn your exact scores from the three agencies, you can order them for a small fee from their individual Web sites. The credit or FICO score you buy is probably not the same one your lender uses, but it should be close. With an auto loan, you have a little more wiggle room in terms of your score. “What’s considered good for a car loan will be a little lower than what’s good for a mortgage,” says Gail Hillebrand, senior attorney with the San Francisco office of Consumers Union.

4. Shop the total loan amount, not the monthly payment. The only time you should consider the monthly payment is when you privately calculate how much you want to spend for your car. After that, don’t discuss monthly payments. Some lenders may focus on the payments to induce you to borrow more money by extending the number of months you pay. That way they make more in interest, and you have to drive your aging car longer.

5. Don’t assume the best. Lenders aren’t obligated to offer you the best rate for which you qualify. In 2007, car dealers marked up loans by an average 1.8 percent on used cars and 0.6 percent on new ones, according to Josh Frank, senior researcher for the Center for Responsible Lending in Durham, N.C. Let the lender know you’re shopping around or already have another offer. You’re more likely to see a better rate. You can find the best available auto loans in your area at Bankrate’s auto rate tables .


We – ll get the best possible deal for you. #jumbo #loan


#bridging loans
#

Welcome to Bridging Finance

What Is Bridging Finance

Bridging Finance is a money advance. For example :

  • funds that are due to you from a property transaction, pension, provident fund or other
  • the conversion of property equity  (value) into cash
  • the facilitation of trade transaction normally by means of a cash advance  or a guarantee
  • lawsuit finance on the No Win – No Fee basis

Bridging Loans allow you to take advantage of a current opportunity or to settle debts

There are two main elements which apply to bridging loans and finance :

Contacting Us

We are a facilitation service and cannot provide advice to clients.

All enquiries are automatically directed to a specialist credit provider.

If your application is successful, we are paid a fee by the lender which is included in your loan provided.

How Does This Work?

You are requested to please fill in the correct enquiry form on the specific category of finance you require.

Note: Select the correct category, click “APPLY HERE”, fill in the enquiry form, submit and then your enquiry will go to the appropriate credit provider / lender, who will make contact with you IF they feel they are able to assist.

If no one makes contact with you, the credit provider is unable to assist you.

If you select the incorrect category, the enquiry goes to the wrong lender and they will decline the application

PLEASE SELECT THE CORRECT PRODUCT SOLUTION, TO ENSURE YOUR ENQUIRY RECEIVES ATTENTION.


Mortgage Rates vs APR: How To Get Your Best Mortgage Deal #short #term #personal #loans


#cheapest home loan
#

Click To See Today’s Rates

Posted August 1, 2015

As Seen On

Mortgage Rates vs APR: How To Get Your Best Mortgage Deal

The “Best Deal” In Mortgages

You’re shopping for mortgage rates and you want today’s absolute best deal. Don’t we all.

Finding that “deal”, though, won’t be easy as you’d think. There’s a lot of information to consider on a purchase mortgage or refinance. and most of it’s confusing.

This is why rate shoppers tend to use Annual Percentage Rate (APR) calculation to help with their comparisons. APR is supposed to represent the “true cost” of a mortgage over time.

However, it doesn’t.

When you shop by APR, you may be less likely to choose “the best loan” for your needs. APR is among the most easily manipulated numbers in mortgages. Worse, many lenders count on you not knowing that.

APR is not the metric for comparing mortgages — it’s merely a metric.

What Is “APR”?

More commonly called APR, Annual Percentage Rate is a government-concocted math formula. It’s meant to measure the long-term cost of a loan, from the date of closing to the date of payoff.

APR is roughly measured by taking the original loan size, accounting for closing costs and prepaid items, then estimating how many dollars will have to be paid over the loan’s term to pay off the loan in full.

For a 30-year fixed rate mortgage, the loan’s term is 360 months. For a 15-year fixed rate mortgage, the loan’s term is 180 months. And so on.

APR attempts to answer the question, “If I borrow this  much money, and it costs me this  much to pay off my loan, what would my theoretical mortgage rate have been?”

APR is printed in the top-left corner of the Truth-In-Lending Disclosure, as shown above.

Loan officers are required to disclose a mortgage’s particular APR every time they make a rate quote. This is federal law, meant for consumer protection.

By showing APR alongside every rate mortgage quote, customers are purported to be empowered to make better, wiser home loan choices. And, in some cases, APR works.

In many more cases, though, APR fails — especially online. This is because APR can’t be the “apples-to-apples” comparison tool it’s advertised to be.

The loan with the lowest APR isn’t always your best loan.

APR Is Not An “Apples-To-Apples” Comparison Tool

Banks and lenders love to promote their “low APR loans” — especially online. In fact, by default, most online mortgage marketplaces sort their quotes by APR.

This means that the loans with the lowest APR show up first, follow by loans with higher APR. This can be misleading. Getting a low APR doesn’t mean you’re getting a good deal.

The APR formula is flawed. Here’s why.

When your lender calculates an APR, it’s estimating your long-term cost on your loan.

In order to make that estimate, the lender has to predict the future, while making drastic assumptions about what may or may not happen.

Here are three such assumptions :

  1. The APR formula assumes that you will hold your loan for 30 years
  2. The APR formula assumes that you will never make an extra principal payment
  3. The APR formula assumes that you will never refinance or sell your home

And, for loans with private mortgage insurance (PMI), the APR formula makes an assumption for the specific month-and-year that your home will reach twenty percent equity; that your PMI will go away.

This is impossible and it’s for these reasons that Annual Percentage Rate fails.

As another example, consider two loans — one with discount points and one without.

When comparing loans with discount points to loans without discount points, loans with discount points will nearly always show a lower APR even though the loan may not be “cheaper”.

Loans with discount points are front-loaded with fees and can be a terrible choice for somebody living in a home for less than ten years.

Online lenders know this, but don’t care. Requiring big discount points make their “deals” look great online but, in reality, the loans are expensive.

Shopping by APR can be the worst way to shop for a loan.

APR Assumes You’ll Never Sell, Never Refinance

Your loan’s APR is affected by more than just discount points — loan fees play a role, too.

Remember that at the start of the mortgage shopping process, when you ask a lender for your APR, many of your final loan costs are still unknown. Third-party loan costs such as appraisal and title services are estimated, and so are some lender fees.

This is why your receive something called a Good Faith Estimate . There’s a reason it’s not called the Good Faith Iron-Clad Guarantee. At the start of the loan process, banks don’t know each fee you’ll pay to the penny.

Meanwhile, these costs figure into your APR so when a banks estimate fees, APR becomes an estimate, too.

Another APR flaw is linked to adjustable-rate mortgages (ARMs).

The government’s APR formula requires banks to assume how your loan will adjust over its 30-year term. These adjustments affect your estimated future payments which, in turn, affect your APR.

Despite equal mortgage rates and fees, then, a bank which assumes the smallest mortgage rate adjustments will also show the smallest APR.

The loan may not be “better” — it just makes rosier predictions about the future.

This, too, is misdirecting.

How To Shop By APR, If You Must

APR can muddy the process of shopping for a mortgage rate. Rather than shop by APR, consider picking a specific rate you want, then shopping for fees at that rate. Or, choose a zero-closing cost mortgage and shop for rates at that zero-fee .

In other words, fix one piece of the puzzle in place, then shop for the other because you can’t shop for both at the same time.

As a real-life example, if today’s 30-year fixed rate mortgage rate is 3.50% and your quotes from three separate lenders require fees of $1,500, $2,000, and $3,000, it’s clear which option is going to be best — the option with the fewest closing costs.

This is far simpler than trying to compare 3.50% at $3,000 versus 3.625% at $500 versus 3.75% with no closing costs.

Especially because the 3.50% rate may show the lowest APR.

As an another example, if you ask all three lenders for a zero-closing cost mortgage rate at the rates come back at 3.625%, 3.75%, and 3.875%, you’ll know exactly which one to choose, too.

You can’t shop for rates and fees at the same time and be sure you’re making a good choice.

Get Today’s Live Rates And APR 

Mortgage rates are back below 4% and mortgage lenders are approving a higher percentage of loans than during any period this decade. It’s an excellent time to compare rates for a purchase or home refinance.

Get a complimentary mortgage rate quote today. Rates are available online at no cost, with no obligation to proceed, and with no social security number required to get started.

The information contained on The Mortgage Reports website is for informational purposes only and is not an advertisement for products offered by Full Beaker. The views and opinions expressed herein are those of the author and do not reflect the policy or position of Full Beaker, its officers, parent, or affiliates.


Welcome to the Counseling Center: Texas State University #lonely, #lonliness, #txstate, #texas #state #university, #texas #state, #suicide, #mental #health, #jedcampus, #jed #foundation, #lbj #student #center, #relationship #issues, #prevention, #paws #alert, #how #to #deal #(develop #effective #approaches #for #life), #resources #for #veterans, #atrisk, #group #counseling


#

Welcome to the Counseling Center

END OF THE SEMESTER SESSIONS

Each semester, when the Counseling Center has no more capacity to add new clients seeking ongoing counseling, we replace initial consultations (ICONs) with one-time sessions for the remainder of the semester. As of Monday, July 31 st the Counseling Center will begin offering one-time sessions. These one-time sessions are an hour in length and focus on problem solving more immediate issues. If students are in need of further services, we will help them connect with additional resources outside of the Counseling Center.

Counseling Center services are free, confidential, and provided by trained professionals to currently enrolled Texas State students while classes are in session.

Counseling Center Services include brief individual, group, and couples counseling, consultation and crisis response, and workshops about coping with stress and other mental health topics.

Individual counseling is also available on a limited basis at the Round Rock campus. Click here for details.

CONCEALED CARRY IS PROHIBITED IN THE COUNSELING CENTER

Effective August 1, 2016, concealed carry of a handgun by license holders is allowed on Texas public university campuses subject to the restrictions imposed by statures and by the University President. Concealed carry is prohibited in some buildings on Texas State University Campuses, please see www.txstate.edu/campuscarry


Senators reach deal on student loan interest rates #commercial #loan #calculator


#student loans rates
#

Story Highlights

    Deal would offer lower interest rates through 2015, then climb higher A vote could happen as soon as Thursday; maybe next week Rate hike took effect on July 1 and both sides have been scrambling on an agreement

WASHINGTON — A bipartisan group of senators reached a deal Wednesday evening to offer college students better rates on loans this fall but higher rates in future years.

The agreement comes one day after lawmakers met with President Obama at the White House.

The Senate deal would offer students lower interest rates through the 2015 academic year, but then rates would likely climb higher than they were when students left campus this spring.

The interest rates would be linked to the financial markets, but Democrats won a protection for students that rates would never climb higher than 8.25% for undergraduate students. Graduate students would not pay rates higher than 9.5%, and parents’ rates would top out at 10.5%.

The deal was confirmed to USA TODAY by a Democratic aide who was not authorized to discuss the ongoing negotiations publicly and insisted on anonymity.

A vote on the agreement could come as early as today, although it could be pushed back to the middle of next week.

The bipartisan agreement is likely to be the final in a string of efforts that have emerged from near constant work to undo a rate hike that took hold for subsidized Stafford loans on July 1. Rates for new subsidized Stafford loans doubled from 3.4% to 6.8%, adding roughly $2,600 to students’ education costs.

Lawmakers from both parties called the hike senseless but differed on how to restore the lower rates.

Sen. Lamar Alexander, R-Tenn. the top Republican on education issues, told Politico the proposal would apply to students who have already taken federal loans at higher rates.

“It would save students in 11 million families billions of dollars,” he said. “We’d like to be able to do this together, and we hope that we can come to a decision right away because families need to make their plans.”

The House of Representatives has passed student loan legislation that also would link interest rates to the 10-year Treasury note. The differences between the Senate and House versions are expected to be resolved before students return to campus this fall.

Students typically do not take out loans until just before they return to campus, and Congress had until they left for the August recess to restore the lower rates.

The deal was estimated to reduce the deficit by $715 million over the next decade.

Undergraduates last year borrowed at 3.4% or 6.8%, depending on their financial need. Graduate students had access to federal loans at 6.8% and parents borrowed at 7.9%.

Under the deal, all undergraduates this fall would borrow at 3.85% interest rates. Graduate students would have access to loans at 5.4%, and parents would be able to borrow at 6.4%.

If the economy improves as congressional economists predict, rates would climb in coming years.

The compromise reached Wednesday would limit how high those rates could go, although all were higher than current fixed levels.

Contributing: Michael Winter and the Associated Press


BND – Student Loan Services: Loan Types – DEAL Loan #payday #loans #bad #credit


#best loan deals
#

DEAL Student Loan

If you add up all of your sources of aid and still fall short of meeting the cost of attendance at your school, a DEAL Student Loan is a good option to help you make up the difference. The DEAL Student Loan provides students with an outstanding alternative loan option when they are unable to obtain adequate funds through federal student aid programs. The DEAL Student Loan is funded by BND and guaranteed by Student Loans of North Dakota (SLND).

How do I know if I qualify for a DEAL Student Loan? (Qualifications are subject to change without notice.)

  • Your state of legal residence OR the school that you are attending must be located in one of the following states: North Dakota, South Dakota, Minnesota, Montana, Wyoming or Wisconsin.
  • You must be a U.S. citizen attending an eligible school, be making satisfactory academic progress in an eligible program and must not have any other loans in default.
  • You must complete the Free Application for Federal Student Aid (FAFSA) process if you plan to attend school at least half-time.
  • The school certifies your current enrollment or acceptance for enrollment, academic progress and eligibility.
  • Whether you take one class or are a full-time student, you may qualify for a DEAL Student Loan.
  • High school students participating in dual credit programs may qualify for a DEAL Student Loan.
  • You, or a creditworthy cosigner, must meet specific credit criteria.

Are there loan limits?

Yes. For any student that does not have a DEAL Student Loan balance as of July 1, 2012, the maximum DEAL Student Loan limit for Undergraduate students is $50,000. The maximum DEAL Student Loan limit for graduate students is $50,000. (Some schools with high cost programs such as medical, dental, law or aviation may be approved for higher loan limits.) Students who have a DEAL Student Loan balance as of July 1, 2012 are not subject to maximum loan limits. The minimum DEAL Student Loan amount is $500 per loan. As a borrower, you may not borrow more than the cost of attendance at your school minus all other financial aid received for the loan period.


Mortgage Rates vs APR: How To Get Your Best Mortgage Deal #long #term #loans


#cheapest home loan
#

Click To See Today’s Rates

Posted August 1, 2015

As Seen On

Mortgage Rates vs APR: How To Get Your Best Mortgage Deal

The “Best Deal” In Mortgages

You’re shopping for mortgage rates and you want today’s absolute best deal. Don’t we all.

Finding that “deal”, though, won’t be easy as you’d think. There’s a lot of information to consider on a purchase mortgage or refinance. and most of it’s confusing.

This is why rate shoppers tend to use Annual Percentage Rate (APR) calculation to help with their comparisons. APR is supposed to represent the “true cost” of a mortgage over time.

However, it doesn’t.

When you shop by APR, you may be less likely to choose “the best loan” for your needs. APR is among the most easily manipulated numbers in mortgages. Worse, many lenders count on you not knowing that.

APR is not the metric for comparing mortgages — it’s merely a metric.

What Is “APR”?

More commonly called APR, Annual Percentage Rate is a government-concocted math formula. It’s meant to measure the long-term cost of a loan, from the date of closing to the date of payoff.

APR is roughly measured by taking the original loan size, accounting for closing costs and prepaid items, then estimating how many dollars will have to be paid over the loan’s term to pay off the loan in full.

For a 30-year fixed rate mortgage, the loan’s term is 360 months. For a 15-year fixed rate mortgage, the loan’s term is 180 months. And so on.

APR attempts to answer the question, “If I borrow this  much money, and it costs me this  much to pay off my loan, what would my theoretical mortgage rate have been?”

APR is printed in the top-left corner of the Truth-In-Lending Disclosure, as shown above.

Loan officers are required to disclose a mortgage’s particular APR every time they make a rate quote. This is federal law, meant for consumer protection.

By showing APR alongside every rate mortgage quote, customers are purported to be empowered to make better, wiser home loan choices. And, in some cases, APR works.

In many more cases, though, APR fails — especially online. This is because APR can’t be the “apples-to-apples” comparison tool it’s advertised to be.

The loan with the lowest APR isn’t always your best loan.

APR Is Not An “Apples-To-Apples” Comparison Tool

Banks and lenders love to promote their “low APR loans” — especially online. In fact, by default, most online mortgage marketplaces sort their quotes by APR.

This means that the loans with the lowest APR show up first, follow by loans with higher APR. This can be misleading. Getting a low APR doesn’t mean you’re getting a good deal.

The APR formula is flawed. Here’s why.

When your lender calculates an APR, it’s estimating your long-term cost on your loan.

In order to make that estimate, the lender has to predict the future, while making drastic assumptions about what may or may not happen.

Here are three such assumptions :

  1. The APR formula assumes that you will hold your loan for 30 years
  2. The APR formula assumes that you will never make an extra principal payment
  3. The APR formula assumes that you will never refinance or sell your home

And, for loans with private mortgage insurance (PMI), the APR formula makes an assumption for the specific month-and-year that your home will reach twenty percent equity; that your PMI will go away.

This is impossible and it’s for these reasons that Annual Percentage Rate fails.

As another example, consider two loans — one with discount points and one without.

When comparing loans with discount points to loans without discount points, loans with discount points will nearly always show a lower APR even though the loan may not be “cheaper”.

Loans with discount points are front-loaded with fees and can be a terrible choice for somebody living in a home for less than ten years.

Online lenders know this, but don’t care. Requiring big discount points make their “deals” look great online but, in reality, the loans are expensive.

Shopping by APR can be the worst way to shop for a loan.

APR Assumes You’ll Never Sell, Never Refinance

Your loan’s APR is affected by more than just discount points — loan fees play a role, too.

Remember that at the start of the mortgage shopping process, when you ask a lender for your APR, many of your final loan costs are still unknown. Third-party loan costs such as appraisal and title services are estimated, and so are some lender fees.

This is why your receive something called a Good Faith Estimate . There’s a reason it’s not called the Good Faith Iron-Clad Guarantee. At the start of the loan process, banks don’t know each fee you’ll pay to the penny.

Meanwhile, these costs figure into your APR so when a banks estimate fees, APR becomes an estimate, too.

Another APR flaw is linked to adjustable-rate mortgages (ARMs).

The government’s APR formula requires banks to assume how your loan will adjust over its 30-year term. These adjustments affect your estimated future payments which, in turn, affect your APR.

Despite equal mortgage rates and fees, then, a bank which assumes the smallest mortgage rate adjustments will also show the smallest APR.

The loan may not be “better” — it just makes rosier predictions about the future.

This, too, is misdirecting.

How To Shop By APR, If You Must

APR can muddy the process of shopping for a mortgage rate. Rather than shop by APR, consider picking a specific rate you want, then shopping for fees at that rate. Or, choose a zero-closing cost mortgage and shop for rates at that zero-fee .

In other words, fix one piece of the puzzle in place, then shop for the other because you can’t shop for both at the same time.

As a real-life example, if today’s 30-year fixed rate mortgage rate is 3.50% and your quotes from three separate lenders require fees of $1,500, $2,000, and $3,000, it’s clear which option is going to be best — the option with the fewest closing costs.

This is far simpler than trying to compare 3.50% at $3,000 versus 3.625% at $500 versus 3.75% with no closing costs.

Especially because the 3.50% rate may show the lowest APR.

As an another example, if you ask all three lenders for a zero-closing cost mortgage rate at the rates come back at 3.625%, 3.75%, and 3.875%, you’ll know exactly which one to choose, too.

You can’t shop for rates and fees at the same time and be sure you’re making a good choice.

Get Today’s Live Rates And APR 

Mortgage rates are back below 4% and mortgage lenders are approving a higher percentage of loans than during any period this decade. It’s an excellent time to compare rates for a purchase or home refinance.

Get a complimentary mortgage rate quote today. Rates are available online at no cost, with no obligation to proceed, and with no social security number required to get started.

The information contained on The Mortgage Reports website is for informational purposes only and is not an advertisement for products offered by Full Beaker. The views and opinions expressed herein are those of the author and do not reflect the policy or position of Full Beaker, its officers, parent, or affiliates.


Car Loan Calculator. Calculate monthly payments and total interest payable on a car finance deal. #loan #contract


#car finance calculator
#

Car loan calculator

The car loan calculator works in the same way as an ordinary loan calculator. The only difference is that it also calculates the loan you require by deducting the deposit amount from the price of the car to make it a little easier to use. The calculator works out the monthly payments and total interest payable on a car loan from the car price, deposit, term and APR. Here are a few companies to consider:

  • Freedom Finance – Find your perfect loan – with no credit footprint!
  • MSG Cars – Instant decisions.
  • Car Loan 4U – No admin fees.
  • Getmecarfinance – 100% guaranteed acceptance.
  • Zopa – Lower rates through peer to peer lending.
  • Car Finance 247 – Compare over 300 loan products.

Luxury Car Loans

Finance rates can be more favourable for prestige brands such as Audi, BMW, Mercedes, Lexus and Porsche where the particular car has a lower depreciation rate and the loan is secured by the asset value of the vehicle or where the value of the car at the end of the loan term is a consideration of the finance package. As a general rule larger borrowings are offered as reduced interest rates too. Do shop around for better deals on luxury cars even if you think you have a good deal. You may be pleasantly surprised!

Free Car Loan Calculator

If you would like a free car loan calculator on your web site go to free car loan calculator widget.

Do I really need a car loan?


BND – Student Loan Services: Loan Types – DEAL Loan #student #loans #payment


#best loan deals
#

DEAL Student Loan

If you add up all of your sources of aid and still fall short of meeting the cost of attendance at your school, a DEAL Student Loan is a good option to help you make up the difference. The DEAL Student Loan provides students with an outstanding alternative loan option when they are unable to obtain adequate funds through federal student aid programs. The DEAL Student Loan is funded by BND and guaranteed by Student Loans of North Dakota (SLND).

How do I know if I qualify for a DEAL Student Loan? (Qualifications are subject to change without notice.)

  • Your state of legal residence OR the school that you are attending must be located in one of the following states: North Dakota, South Dakota, Minnesota, Montana, Wyoming or Wisconsin.
  • You must be a U.S. citizen attending an eligible school, be making satisfactory academic progress in an eligible program and must not have any other loans in default.
  • You must complete the Free Application for Federal Student Aid (FAFSA) process if you plan to attend school at least half-time.
  • The school certifies your current enrollment or acceptance for enrollment, academic progress and eligibility.
  • Whether you take one class or are a full-time student, you may qualify for a DEAL Student Loan.
  • High school students participating in dual credit programs may qualify for a DEAL Student Loan.
  • You, or a creditworthy cosigner, must meet specific credit criteria.

Are there loan limits?

Yes. For any student that does not have a DEAL Student Loan balance as of July 1, 2012, the maximum DEAL Student Loan limit for Undergraduate students is $50,000. The maximum DEAL Student Loan limit for graduate students is $50,000. (Some schools with high cost programs such as medical, dental, law or aviation may be approved for higher loan limits.) Students who have a DEAL Student Loan balance as of July 1, 2012 are not subject to maximum loan limits. The minimum DEAL Student Loan amount is $500 per loan. As a borrower, you may not borrow more than the cost of attendance at your school minus all other financial aid received for the loan period.