Buying an RV While Building my First Home
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 11% |
| Lender Rate: | 10% | Borrower: | Amo927 |
| Finished | State: | VA | |
| Funded: | 100% | Group: | Military Home Builders |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-08-23 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Aug 28, 2007 | Current |
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Purpose of loan: I will be using this loan to purchase a used RV, I am buidling a new home in Northern Virginia and would like to occupy the land while construction takes place (All the way through Jan). My lease expires AUG 31st,so I would like to make it happen quickly. I have shopped around, and have found good RV's in the 4000-5000 range that would suit my needs. My financial situation: I work full time and have a great job, I commute to work daily, and am excited about becoming a home owner, and also about buying an RV to have fun with once my house is built Monthly net income: 4200 a month net Monthly expenses and cash flow before: Housing: 1345 Utilities: 125 Phone, cable, internet: 30 Food, entertainment: 400 Other expenses: School Loans: 600, Gas: 200 Current Bills: 2700 a month Cash Flow 4200-2700= 1500 Monthly expenses and cash flow after: Housing: 0 (Ill have moved out of my apartment) Utilities: 50 (Small hook up fees for the RV) Phone, cable, internet: 30 Food, entertainment: 400 Other expenses: School Loans: 600, Gas: 200 Prosper Loan: 165 Current Bills: 1445 a month Cash Flow 4200-1280 = 2755 (An Actual INCREASE in Cash Flow) |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 182143 | Help me get into a New Car and Invest in Prosper | A | $25,000 @ 11% | Aug 05, 2007 | Withdrawn |
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