100% Kelly

My husband has been in the real estate industry for almost 10 years now and is still surprised at how indifferent some buyers are with regards to the computation of their exact mortgage amount are. Granted that not every one of us would know how to compute for our periodic payments – which is simple enough using MS Excel, but at least some would make the effort to seek an explanation and understand how the figure was derived. This is a serious topic since payments, whether buying a car or property; usually delve in years (decades even). As a cost-conscious individual, I wouldn’t want to be stuck paying a high mortgage when I could have asked for a more affordable term to begin with.

Amortization is always a part of big-ticket purchases. I won’t go into the formula as I’m no expert in the subject. But suffice it to say, that we can ask someone proficient in accounting or finance to teach and compute for us and better yet if help is out of reach visit a Free Mortgage Quote site via the web. Knowing what to look out for is very important as money is never cheap. There are a lot of variables in the formula but they all translate into one result – COST! Having said this, I hope that this could serve as an eye opener for everyone to take time and understand what you are literally paying for.

Gats: you need to give me more assignments, babe. i won another something from ebay

Kelly: aba! aba! mauudlot ang bili ko nyan

Gats:

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Nginitian lang ako ha. Kita niyo? Nawiwili na po ang aking asawa sa pag-shopping online gamit ang paypal account ko. In fairness, aware naman siya na kelangan niyang bawiin ang mga bili-bili nya ng kanyang mga star wars, gundam, and iba pang achoo-choo-choo.

More assignments pala ha? Madami ako ngayon. Lagot ka.

I’ve receiving a lot of text messages, recently, from different banks and financing institutions offering salary loans of various kinds. I’ve never really entertained the offers, though, since (1) we get by with the combined salaries that my husband and I put together and (2) I think that it would cost an arm and a leg just to pay the principal and interest. Of course I’m basing #2 on the assumption that finance charges would be same as credit card chargers since both are considered short term – which I haven’t really verified. But guess what I recently found out regarding such short term loans? Well, it gets even shorter! There’s now what is called payday loan. Let me correct that, it is a “No Fax Payday Loans” as everything’s done online nowadays. I guess the name is pretty explanatory but to clarify further, the term of this loan is as short as 2 weeks. The term sounds pretty familiar? It is also called a cash advance, but given by another company and with interest. So if you’re in the market for a very short term loan, you can probably consider this no fax payday loan in the future. I’m sure local banks and financial institutions will be creating such products soon. But mind the interest payment! It’s the bitter ingredient in the “pill.”