Savings Corner
DECEMBER 25, 2023
The mortgage payment calculator can help you decide what the best down payment may be for you. Your debt-to-income ratio is the percentage of pretax income that goes toward monthly debt payments, including the mortgage, car payments, student loans, minimum credit card payments and child support.
Savings Corner
DECEMBER 25, 2023
While your household income and regular monthly debts may be relatively stable, unexpected expenses and unplanned spending can impact your savings. Depending on your credit score , you may be qualified at a higher ratio, but generally, housing expenses shouldn’t exceed 28% of your monthly income. Credit profile.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Savings Corner
APRIL 4, 2024
Your cost to borrow could be lower: Cash-out refinances often have lower rates than home equity loans , personal loans and credit cards. You can improve your credit: If you use your equity to consolidate debt, your credit utilization could drop. This can be a boon for your credit score.
The Frugal Girl
FEBRUARY 18, 2024
While we were still renting an apartment, I researched areas with lower property taxes, scouted out my ideal neighborhoods, and waited for a smaller, less expensive house to come on the market. Every May, when school gets out, the lawns around campus are filled with items students didn’t want to bother bringing home.
Savings Corner
APRIL 4, 2024
The steps may vary depending on whether you’re looking for debt consolidation loans , home improvement loans, medical loans or wedding loans. Personal loan lenders may charge origination fees up to 10 percent of the amount you borrow, and the cost is typically deducted from your loan funds.
Savings Corner
DECEMBER 24, 2023
This year may go down in real estate history as the year of correction. Get started: You can get your credit report and score from each of the three major credit reporting agencies, Equifax, Experian and TransUnion, for free once a year. Keep your finances and credit in good shape from preapproval until closing day.
Savings Corner
DECEMBER 25, 2023
For instance, you may consider: How long will I live in this home? Down payment costs are just the beginning — you’ll also have to account for closing costs and ongoing homeowner expenses, like property taxes and insurance, and you’ll want to budget for maintenance costs. But in some cases, that amount may be too generous.
Expert insights. Personalized for you.
52 
Let's personalize your content