Family law Financial Affidavit 12.902(b) or (c) Form 2015-2024

Family law Financial Affidavit 12.902(b) or (c) Form: What You Should Know

Down, with additional interest rates  ‡ The interest rate, called the rental return, is only calculated once. ‡ The annual interest rates are based on the current interest rates for similar loans at the mortgage company's main location, or those of the lender and borrower. ‡ Rental return is calculated in the following manner: Monthly Rent. Annual Rent. Annual Rent 2 or 3.  A. If the monthly rent is less than 2,000, there is a 1,750 minimum due which is paid at the beginning. If the monthly rent is greater than 2,000, the amount of the minimum due must be calculated in the following manner: Monthly Rent = (Monthly Gross Rent) 1.75 Minimum of 1,750 due In the event that the monthly gross rent is less than 2,000 550 – 2,000 = 550. In the event that the monthly gross rent is greater than 2,000 Monthly Rent 2 or 3 If the monthly gross rent is lower than 2,000 in the future, a 100 security deposit is required. The balance is then due at the start of the lease. After the first year the balance may be deducted from the rent due each month in the future.  Monthly Rent = Monthly Gross Rent/100 If Annual Rent 2 or 3, the monthly gross rent is the amount that will be due each month for one year, with the balance due at the beginning of the lease. If the current interest rate is lower than the interest that you've paid on your mortgage, you'll pay an interest rate on the remaining balance. Interest Rates Monthly Rent 2 or 3 (If you pay the minimum in the first year, you're not required to pay interest) If the current interest rate is lower than the interest you've paid on your mortgage, you'll pay the interest rate on the remaining balance. Monthly Rent 2 or 3 (If you pay the minimum in the first year, you're not required to pay interest) If the current interest rate is lower than the interest you've paid on your mortgage, you'll pay the interest rate on the remaining balance.

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