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How Much House Can I Afford? Affordability Calculator

Savings Corner

To calculate how much house you can afford, we take into account a few primary items, such as your household income, monthly debts (for example, car loan and student loan payments) and the amount of savings available for a down payment. If you want to explore an FHA loan further, use our FHA mortgage calculator for more details.

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The Best And Worst States To Retire In 2023, Ranked

Savings Corner

according to the Council for Community and Economic Research , which is an advantage for retirees on a fixed income. Iowa lands near the middle of the pack tax-wise. 23 for property taxes and No. 22 for state and local sales tax. Saavedra recommends starting with a retirement calculator to see if you’re on track.

Iowa 52
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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

You can take advantage of tax deductions: If you use the funds for home improvements, you could take advantage of the interest deduction. The balance doesn’t have to be repaid as long as the borrower lives in and maintains the home and pays their property taxes and homeowners insurance.