View Poll Results: saving monies
$500-$999
9
16.07%
$1000-$5000
15
26.79%
$5000+
32
57.14%
Voters: 56. You may not vote on this poll
how much monies do you have saved
Joined: Oct 2000
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From: Location Location
Originally Posted by XScarAudio
I believe anything under 80% falls in that category...thats one of the reason for an 80-20 instead of 100%
uhhh no. there is ceiling for none jumbo loans. in 2000 it was 280K currently it's 320K or more.
Currently a jumbo mortgage loan is a purchase or refinance loan that exceeds $333,700 for a single-family home.
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Originally Posted by WiLL
...I really wanna get out and shoot people.
Joined: Oct 2000
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From: Location Location
Originally Posted by XScarAudio
gotcha. i was working w/ smaller loans and that was the cutoff for big interest rates on what i was looking at.
yeah usually they wont finance over 80% in some areas. Bank of America for homes in CA they wont finance over 95% of the value of the home.
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Originally Posted by WiLL
...I really wanna get out and shoot people.
it's my D in a B
Joined: Aug 2001
Posts: 24,787
Likes: 1
From: Your Mom's House
I've got about $3900 in stocks right now (which I think I will be liquidating soon), and ~$500 in money market savings. I dumped a chunk of change into the S&P 500 back in '02 when it was at like 7-something, so I've done pretty well.
Now the more pertinent question should be: How much do you have in CC bills right now? To which the answer would be: considerably more than I have saved
h:
:edit:im 23... I was financially responsible (although very poor) throughout college, graduated and spent A LOT in a few months.
Now the more pertinent question should be: How much do you have in CC bills right now? To which the answer would be: considerably more than I have saved
h::edit:im 23... I was financially responsible (although very poor) throughout college, graduated and spent A LOT in a few months.
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Joined: May 2002
Posts: 8,550
Likes: 0
From: Tampa
Originally Posted by DakarM
yeah usually they wont finance over 80% in some areas. Bank of America for homes in CA they wont finance over 95% of the value of the home.
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Joined: May 2003
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Originally Posted by DakarM
yeah usually they wont finance over 80% in some areas. Bank of America for homes in CA they wont finance over 95% of the value of the home.
Lots of lenders do 100% but the interest rates kind of suck.............what most people do is do a 1st and a silent second to get 100% so they get a decent rate on their 1st and a not terrible rate on their 2nd, right now the going rate on a 2nd is around 7.5% i think.
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Joined: Jul 2002
Posts: 56,734
Likes: 3
From: NY
Originally Posted by jclau00
24 years old.
10k+ in ameritrade (4700 was deposits; the rest is gains)
10k in real estate investment on which i get 10-15% annual return
7k in roth IRA
2k in ING
1.5k in checking
600 in 401k
-4.3k debt
it's easier to save when you live with parents. but even condos here cost 350k, so i got a ways go to.
10k+ in ameritrade (4700 was deposits; the rest is gains)
10k in real estate investment on which i get 10-15% annual return
7k in roth IRA
2k in ING
1.5k in checking
600 in 401k
-4.3k debt
it's easier to save when you live with parents. but even condos here cost 350k, so i got a ways go to.
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