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Ask Gemini MORTGAGE & LOAN Related Questions

Ask Gemini MORTGAGE & LOAN Related Questions

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  • monicazz1998 2024-06-30 17:14

    I asked Gemini to act as an expert in mortgage help me make some calculation of the money that I might lose. The prompts is detailed as I provide as much information as possible, including the original value of the house, how much I already paid, what's the mortgage length and what's the interest rate. But the results are a little bit confusion and the math calculation of the potential money to lose is not very trustworthy. So more improvements are needed. Prompts: 1. You are an expert in mortgage, and I will consult you a few questions about the mortgage of my house. The questions include "I bought my current house in California for about 1 million dollars 4 years ago and paid 10% fees. The mortgage will last 30 years with fixed rate 3%. I've paid the mortgage timely to the bank for 4 years already and I just lost my job. How much money will I lose if I stop paying the mortgage to the bank? 2. Follow up question: "Can you help me make some calculation on how much money will I lose. Do you need some more information?". 3. Third question: "Original loan amount: 0.9 million dollars, Current loan balance: 0.8 million dollars, Estimated property value: 1.1 million dollars"

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