Would it be less costly for someone who can't afford rent to file bankruptcy before or after rent is due... How much time will they receive to move?
If you believe Bankruptcy or eviction are possible, and your asking what your asking (which is head scrtachingly weird), GET A LAWYER...go to legal aid...get help.
FICO Score of 600 to 640: + 1.625% over prevailing rate. This means if a borrower with good credit is paying 5.875%, your interest rate would be 7.5%. A $200,000 amortized loan at 7.5% would give you a monthly payment of $1,398.
FICO Score of 560 to 580: +2.875% over prevailing rate. This means if a borrower with good credit is paying 5.875%, your interest rate would be 8.75%. A $200,000 amortized loan at 8.75% would give you a monthly payment of $1,573.
FICO Score of 540 to 559: +3.425% over prevailing rate. This means if a borrower with good credit is paying 5.875%, your interest rate would be 9.3%. A $200,000 amortized loan at 9.3% would give you a monthly payment of $1,653.
FICO Score Under 540 to 500: +3.875% over prevailing rate. This means if a borrower with good credit is paying 5.875%, your interest rate would be 9.75%. A $200,000 amortized loan at 9.75% would give you a monthly payment of $1,718.
FICO Score Under 500: +6.25% over prevailing rate. This means if a borrower with good credit is paying 5.875%, your interest rate would be 12%. With a FICO of less than 500, you will not qualify for a 90% loan, but you may qualify for a 65% loan, therefore, you need to increase your down payment from 10% to 35%.
A $200,000 amortized loan at 12% would give you a monthly payment of $2,057.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.
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