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 I have a cheque in my fathers name, can I cash it in?
I live in Montreal and have an account with RBC bank. My father received a refund in the form of a cheque in his name, but he is not in the country, How can I cash it into my account?
A...


 how do you make money fast?
im only 13 but i dont lyke those garage sales,cans,lemonade stands,or selling stuff any idead except for those
...


 what can school dropouts do to find a living?
...


 What is the difference between a trust fund and inheritance?
...


 What is the best credit card to establish credit?
I am a student and I do not have any credit. What kind of credit card would be good for me to start building my credit up? I do not want anything that has a monthly fee, and it does not need to be a ...


 How can i still use my savings account card when i forgot the pin #?
i have never used my savings account card before and when i tried using it for the first time, the pin # didnt work. i cant go to any banks to ask for my pin # because they are all closed and i cant ...


 where can i get 1$ in my paypal account in a few minutes to an hour?
where can i get 1$ in my paypal account in a few minutes to an hour.
Additional Details
i am 15 and im not looking for a job......


 What jobs are out there for me? 10 points!!! Please advise me!?
Ok so i am 22 year olf female. I have had 2 receptionist/office jobs in the past that last at least 10 months each and which I was lasi off by. They are good references I think, but i am having ...


 Need help making money!!!!!!?
Im 15 years old and ive been trying to save 3000 dollars. what im thinking about doing is buying furniture and using a paint method to make it look antique and selling it on Craig's list. Just ...


 What's the largest chain of banks in America?
...


 If you were offered $35,000/year for the rest of your life to retire now would you take it?
It's a modest salary, but the money is guaranteed for life and the person is young enough that he can get another job and bank the retirement money until he needs it. The retirement benefit also ...


 how can i make $300 in like 2 to 3 weeks?
im 14 and i want to buy that new "slim" xbox 36O but i dont have the cash. and i live in boston which means means in a couple of days its going to be summer but massachusetts plans on ...


 Is Western Union safe if it's a transfer between family?
I've never used WU before but my dad wants to send me some money through them. I've heard that there's been a lot of scams based around this company and would just like to know if it�...


 if someone file for bankruptcy, does that mean their debt been paid off?
...


 98 percent of persons i know are going through financial crisis, what about you?
though they have a college education and no police records, have you found this to be true, due to the economy?...


 Can you get a payday loan from multiple Moneytree's?
I need more than the 255 allowed in California, and I'd like to avoid going to multiple different companies and do the whole 1 hour application. Thx....


 Chase high school debit card coupon?
I just opened a high school debit card with Chase Bank. The banker said if we could find a coupon for it I can get an extra $50.00 added to my account. I need a coupon for it. Also make sure it'...


 Have you a saving account of more than?
$10, $45, $150, $500 or more than $1000? IF it is more than $1000 how long would your saving last if you became jobless today?...


 Need help with cashing a check please?
I went to cash a check without noticing that the check was post-dated on Aug 1st. The teller didn't notice at first and had me sign the back of the check and she also put a stamp on the back. B...


 What Should I spend My Money On?
hey Guys Recently I got around €600 for Working and that.
What SHould I spend It On
Im a Techie,
I have a Laptop a 2 year old phone a ds
a modded wii
a Crap stereo
T...



Quetondra Dailey
Homework Help--Personal Fiances?
Estimating a Monthly Mortgage Payment. Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation

Monthly gross income, $2,950 Monthly estimate for property taxes and
Insurance, $210

Down payment to be made—15 percent to purchase price. 30—year loan at 8 percent

Other debt (monthly payment), $160
                     
 




Ford giveth Ford taketh Away
go to bankrate.com and use the calculators.


bubblegumh20
Rating
You should spend no more than 1/3 of your net income on housing. So if you make 2950 a month, you'll keep roughly 2500 a month after taxes in the usa. That means your home can be 833 dollars a month including insurance, which means you can afford 623 in actual mortgage. You could afford to pay a mortgage of 85,000 comfortably, but the total price of the home would be 100k ish. This doesn't include PMI which you have to pay until you pay 20% of the home. Anyway, many people will probably answer higher, and the mortgage companies would approve someone on that salary for a more expensive home, but following good finance, that's all this family could afford. Hope that helps:)

As far as the extra 160 goes, that comes out of your other income because you can afford it since your house price is reasonable.


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