Profile picture for LeslieSolberg

how can you find out what the loan balance is on the computer of a house or condo

  • April 01 2012 - Beaverton
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (3)

You can guess-timate, I do it often and it comes in relatively close.  first, you need to get into city records and find the original loan amount. Our local property appraiser site has the info.  Then, you go to http://www.amortization-calc.com/    fill in the original loan amt, then guess the rate - 2005-09 I'd use 7%, 2010-12 I'd use 5%.  Pluig in the year they signed the note.  Click 'show by year', scroll down to the middle of the page and see the amortization chart.  It won't be on the dime, and there are always other variables, but its a pretty good estimate.
  • April 01 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

if a notice of default is filed the balance will be published with the notice of default.  Often times you can also look up a notice of default I am not familiar with Beaverton, but in Deschutes County I can find them.  

If this is not in default - then you would have to see if the deed is recorded where you can access it and do the math - however as the gentleman below said - the owner could have paid down the balance or they could be short a payment or two.
  • April 01 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Profile picture for wetdawgs
The loan balance is private information, known only to the lender and the owner.   Usually one can find the initial loan amount and you can assume that the average owner doesn't pay it down much faster than scheduled.

  • April 01 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.