Savings Corner

DECEMBER 27, 2023

Closing costs vary according to many factors, including where you live, but generally range from 2% to 6% of the loan amount. You can shop around to get the best deal on some items, such as home insurance, but you can’t control the costs for things like taxes and government fees. How much are closing costs? Breakdown of costs.

Calculators 52

Calculators Property Taxes Insurance Illinois 52

Savings Corner

DECEMBER 25, 2023

An important metric that your mortgage lender uses to calculate the amount of money you can borrow is the DTI ratio — comparing your total monthly debts (for example, your mortgage payments, including insurance and property tax payments) to your monthly pre-tax income. How much can I afford to spend on a house?

Calculators 52

Calculators Debt Insurance Taxes 52

Savings Corner

DECEMBER 24, 2023

Consider how different credit score ranges impact your interest rate, monthly payments and total interest. Create a housing budget The purchase price and down payment aren’t the whole picture. Setting a realistic budget for your new home will help inform how much you can afford and what your all-in costs will be.

Real Estate 52

Real Estate Buy Buying Credit 52

Savings Corner

APRIL 4, 2024

They may ask for copies of utility bills, lease or rental agreements, property tax bills or credit card statements as proof of address. Short term vs. long term Most personal loan terms range between one and seven years. Most lenders have websites with secure portals you can use to upload requested documents.

Debt 52

Debt Credit Cards Credit Home Improvement 52