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How to Calculate Home Equity

Savings Corner

You can use your equity to renovate some rooms, pay off credit cards, cover college tuition, start your own business … or almost anything else. Here’s how to calculate the equity in your home. Combined loan-to-value ratio (CLTV) Lenders calculate your CLTV or combined loan-to-value ratio when you apply for a second mortgage.

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Home Insurance Calculator: Estimate Your Rate – December 2023

Savings Corner

How to estimate your home insurance Use the homeowners insurance calculator below to get an average in your ZIP code, or follow the steps to estimate for yourself. Nerdy Tip Let your insurer know if you get a new roof or make other major renovations to your home. Read our methodology. Your own rates will be different.

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Introducing: Family Budget Spreadsheets

Family Balance Sheet

I’ve been working behind the scenes on a tool that I personally use to track and organize our finances: Family Budget Spreadsheets. You enter your information and the spreadsheet calculates your total assets, liabilities, and your net worth. Many years ago, we could say yes to the questions in the above graphic.

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How To Get A Personal Loan In 8 Steps

Savings Corner

Whether you need money to pay for an unexpected hospital bill, an emergency car repair or to finance some much-needed home renovations , knowing how to get a personal loan will help make the application process as smooth as possible. Once you’ve zeroed in on your loan amount, run some numbers using a personal loan calculator.

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How to Start a Budget (and be successful at it!)

Family Balance Sheet

calculator. Calculate the simple math equation: Income – Expenses = X. If you have financial goals, budgeting will be an important tool to reaching those goals. You enter your information and the spreadsheet calculates your total assets, liabilities, and your net worth. To get started, gather the following: pencil.

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What Is A Home Equity Loan?

Savings Corner

Home equity loans are best used for five-figure renovation or repair projects — which can garner you a tax deduction on their interest — or to consolidate other debts. Bankrate’s home equity calculator can help you estimate your exact borrowing power. What are average home equity loan interest rates? to 10 percent.

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