If a sports shop sold 1,500 dozen golf balls last week, how many individual golf balls did the shop sell? A. 12,500 B. 18,000 C. 180 D. 125

You should contact your bank right away and explain your situation and arrange the missing mortgage payments asap. You should not have a problem if you do that. Make sure when ever you miss a payment to keep in touch with the bank and let them know what`s going on.

Yes, if you keep the bank in the loop when ever there is a problem and a payment will be delayed. Usually the bank is ok when you keep then in touch and make the payment at your earliest convenient. If you speak to your creditors you always can have a solutions which will give you some time to resolve the financial situation and to keep your mortgage.

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It's possible. Depends on how much you put down, the lender, and many other factors. Get a loan broker so that he/she can shop all the different lenders for you. (NOT LENDING TREE--get a local broker)

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Three years ago i jumped into a truck payment that was extremely high. i have three years left on the loan now. i am really interested in moving out of my parents house but this would only be possible if i could have the truck loan added into the new mortgage loan. that way i would have one payment instead of two payments. does anyone know anyway to do this or anyways around this? i prefer not to sell my truck and would really like to get it added to a mortgage. any help would be much appreciated. thanks for your help.

sounds like they are already in over their head. what's the difference, one loan, two loans. your still paying pretty much the same money either way. I would not tie a vehicle up into a house... you said the truck payment is high... moving it into the house loan won't change that very much. sounds like you bought a vehicle you can't afford (you are not alone, most of us have done that). debt consolidation never works... sounds like you need to sell the truck and get something cheaper to fit the budget.

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I bought my home 4 years ago, and it appraised at $101,000. i bought it through a mortgage company, on a 30 year loan. now that i can afford to pay a little more i'd like to redo my loan, and add my car payment on with it on a 15 year loan. the problem is that the mortgage company had a stipulation that they got to do my 2nd and 3rd mortgage, which they want to charge thousands of dollars in fees to do. can i go through my local bank and do a home equity loan using my house as collaterol, and pay of the mortgage company?

depends what the rate is on the first mortgage. if it's less than 6.25% than you might want to think twice about refinancing. FHA allows you to go up to 95% ltv...and with good rates. You can still refi to a 30yr fixed mortgage, and make payments as it was a 15yr mortgage. You dont want to strap yourself for money if you can afford 'a little more'.

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Ok i am trying to figure out how to reduce my $450 dollar car payment so i can afford to go to school. we have a 2nd mortgage on our house that we put $18,000 on it. it's like a 'credit line' called a heloc. i don't know much about it except that we only pay $40 a month. we over pay it by several hundred dollars but the minimum is only around 40 something. anyway, is it possible for me to request added my 20k car loan onto it? since it's a "line of credit", can't it be expanded like a regular credit card? so that would make the loan be $38k and since we only pay $40 for 18k, it seems like i would be paying a lot less then $450 a month for my car. does that make sense or am i dreaming?

It depends what you limit is on the HELOC. I just bought a car with mine but my limit is pretty high. You access the HELOC with a check so you would just write the check to the car loan. You would be financing a car over 30 years and your HELOC will probably start amortizing after 10 years to the payment spike. Also they don't have a fixed rate so when the economy recovers the rate might go up every time the fed speaks so it can go up from 2% to 15% and amortize. You might be better off selling it even if you just bought it or go ahead and work until the car loan is done before going back to school. If you use your HELOC you are putting your house at risk if you can't pay your debts.

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We also have two car payments which add up to 950 a month and student loans that add up to 1000 dollars a month. in addition we have to pay about 500 dollars a month in credit cards. i believe our credit scores are about 650 and 690 respectively. we are looking at houses in the 380,000 range. is this possible? thanks.

Personally I think you are too in debt to do this. Lets look at the numbers and try to crunch it. The total of your credit cards, student loans and car payments is $2450.00 the cost of the mortgage, with taxes (I am figuring $10k in property taxes for the house as NJ is the highest property tax state) and $1000 for homeowners insurance. The total cost would be around $3400 per month for the house. That's a total payout for both of around $5850 per month. You take home around $8000 per month with an annual salary of $140,000. That leaves you with $2200 per month for the rest of your expenses. Food, Car Insurance, utilities, cell phones, repairs, furniture, etc. I'd look at it this way, if you haven't been able to save any money up to this point then will you have the extra money to put out? One stipulation here. If you two rent a house already, if your rent is more than $3400 per month then I would say go for it because you will be saving money. If your rent is less than $3400 per month then you need to ask yourself if you haven't been able to have any extra cash up to this point, where will the extra cash come from to pay the mortgage payment? Lastly, another answerer suggested that you take a year to try and pay down the debt. I agree. If you got rid of that $500/month in CC debt or even paid off one of the cars you would have a decent amount of extra cash available to put into a house.

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I think the answer is a resounding yes. when you are young, being dumped on is a new thing, you are supported by your folks, and the money isn't probably that great. more so, you have no family to support. as we get older, not only do we get more accustomed to putting up with crap, but we progressively take on more responsibility. even if we are single, we have a rent or mortgage payment. groceries, car payments, and insurance all add up. suddenly, we can't say "i quit" with the same relish as an under-25 angry young chick or guy that still has that looseness of life that lets them get away with it. suddenly, the 23-year-old sullen barista at starbucks is 35, with a family, a job she must keep to support the family, and, if a single mother, must keep for her family to stay out of the salvation army thrift store and the shelter. suddenly, the 22-year-old "dude" at jiffy lube who quit in a huff has three kids, and has to eat major s h i t from his union steward. at our place, we have older folks in the mail room who are like saints, in that they get dumped on constantly. its a running game, as everyone knows they have no choice in their 50's but put up with it till retirement and vesting of benefits. i almost have to weep seeing poor pete pushing his mail cart down the hall, like an old rag man during the depression...... i work in the loop in downtown chicago, and pass hundred of people each day. it's so fuuny to make your own little case study, and see how people of different ages carry themselves. almost to a fault, the good looking younger people strut like gods, the 35+'s are a little more humble, and the 50+'s-ers are just shuffling along with a drudging step, as if its so painful to spend your 10,555th morning walking to work anticipating the crap you will be getting again and again. funny thing is, in 20-40 years, the cocky "godlike" folks with be old, with the same forlorn shuffle steps, walking to work for the 10,555th time. ----------------------------------- --------------- time and age have a way of catching up with all of us, when we aren't watching. ----------------------------------- --------------------

Wait to you get to over 50, over 60, people younger than you might see you in their way, may see you weak, may think because you don't get too excited over a lot of miscellanous bull that you have seen 5000 times before that you 'don't get it'. When you are older maybe you get a little more tired putting in some 12 hour days. Well, even if you are older, you have to hang tough....the older you get, the tougher. Here is something that I think a lot of times, especially when some woman in their 40's is strumping around, which is, in ten years you will be in your fifties and a washed up old hag, lets see how cocky you will be acting then, ha ha ha.

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Your credit score , or your monthly debt to income ratio( based on the mortgage you are trying to get) for examply my credit score is good (701). but my monthly debt to income ratio is going to be about 30% when you factor in my princaple payment, tax and insurance... and if you add my car payment and min credit card payments i am more in the high 30's

Well right off the bat 701 is a good credit score, so they are going to be willing to work with you even if you are looking at a mortgage which produces a high debt ratio. Banks dont always strictly enforce the debt to income ratio the way you are looking at it. Most of them say that 28% is good estimate of the percentage that your mortgage+property tax+ insurance should be of our monthly income. Most of them will allow higher then that especially if you have a good credit score and decent income. AS far as your other debts, as long as you think you can handle the montly payments you will probably be approved. Always remember, that lenders work on commission. They want to sell, and over sell you at that. So dont go up to to high of a debt ratio cause you will end up living paycheck to paycheck if you do that.

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Myself and my gf have quite a bit of bit of debt, around 35k in credit cards which is using around 60% of our available credit and a car payment of $500 a month. the minimum credit card payments with the car payment add up to about $1400 a month which is the extent of our debt, not including housing. our gross income is roughly $8500 a month which gives us a dti of around 17%. we have enough money left over each month to afford a house payment, no problem, but with so much credit card debt what would be the chances of actually being able to get a mortgage.

My mortgage co required me to be at 20% or less. It really depends on how much money you actually make though. They look to see if you can actually afford it, along with any home repairs that might come along. Why don't you call a mortgage company and give them the info and see what they say. They might pull your credit report to see what kind of debt you're in. It won't cost too many FICO points for them to pull. They will give you an estimated interest rate and how high you can go with a mortgage. If you like what they tell you, then begin to check out other mortgage companies with in 14 days. All those hard pulls on your credit reports will only count as one!! http://www.myfico.com/CreditEducation/CreditInquiries.aspx If you have 20% to put down, you'll get a lower interest rate. Also, check out this free message board. Post a question or two about this. There are many professionals there, along with every day people who can answer any question you have! http://creditboards.com/forums/index.php?showforum=9&prune_day=100&sort_by=Z-A&sort_key=last_post&topicfilter=all&st=0

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We are buying my inlaw's home soon and we currently are in debt (probably about $50,000) between student loans, car payments, credit cards, etc. our house should be appraised at about $100,000 more than we are buying it for....can we add our outstanding debt to our mortgage? we are first time home owners as well. thanks!! but if i am only paying the minimum payments on a cc with 29% interest then wouldn't that $50,000 cost even more in the long run? i should actually have taken out the car loans into the scenario, i'm selling the one with payments. just so i'm clear...is it not possible or not advised? thanks!

the first answerer had it correct. Additionally I felt I should add to this. It is a VERY bad move financially to add your debt to the mortgage. A mortgage is a 30 year loan. Think about it for a minute. You want to take your car loan and spread it out for the next 30 years. I doubt you will still have this car in 30 years but you will still be paying for it. Same thing goes for credit cards. Spreading it out for 30 years is crazy. The interest payments alone will be astronomical. Lets look at the amortization of adding $50,000 to your mortgage, assuming a 6% interest rate and a 30 year loan. The payments per month will be around $300. It doesn't sound like much does it? Now lets look at it over the time of the whole loan. At $300 per month you will pay back to the bank around $108,000. Yes, one hundred and eight thousand dollars. That means you will pay the bank about $58,000 in interest payments over the next 30 years. And remember, with mortgages, you pay interest first, principal last. Don't ever add short term debt (Credit cards, student loans, carp loans, etc) into long term debt. It only ends up costing you more.

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She stated that because she is a specialist, the price is high. first, i'd like to say that i understand that as an owner i should have the resources to cover this expense, but i don't. my goal is to keep my beloved dog comfortable with high-quality of life without causing financial distress. it's a very emotional decision--do i over-extend myself (student loans, mortgage, car payments--and then add a financed surgery with no guarantees) or do i get "scrappy" and find alternatives. has anyone had the procedure done on their pug? have you had positive results using the specialist or a traditional vet? any experience in savings with using a traditional vet? did your dog have favorable or unfavorable changes in quality of life? i need direction that is rationale and realistic.

are you talking about total eye removal. A friend of ours had to have this done on one of her chihuahuas a few years ago. The local vet did the procedure. No problems and the dog is healthy to this day. They have to keep ointment on the eye socket to help keep it moist. I don't think the surgery was more than $150. Of course that was a few years ago and at todays cost, I would say max would b about $500. Good luck! I would check around for a regular vet who will do it and ask their prices.