Get rid of baby fat on your lower abs by adding 30 minutes of cardio to your lifestyle at least three times a week; this will help reduce stress, too. Workouts that target core muscles are most effective.
Under its new mortgage-relief plan, the Obama administration is staking a claim that most homeowners facing foreclosure should be able to pay 31 percent of their gross income for a mortgage. Not 50 percent or not 60 percent, as is the case with many strapped homeowners. But 31 percent of income still is a hefty number.
Part of each payment goes toward the loan principal, and part goes toward interest. With a mortgage, the amount going toward principal starts out small, and gradually grows larger month by month. Meanwhile, the amount going toward interest declines month by month. The amortization schedule calculator shows: 1  How much principal and interest are paid in any particular payment. 2  How much total principal and interest have been paid at a specified date. 3  How much principal you owe on the mortgage at a specified date.  How much time you will chop off the end of the mortgage by making one or more extra payments.