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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. Before you can explore how to use this source of wealth, though, you need to know how much you have. Here’s how to calculate the equity in your home. Here’s how.

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Family Budget Spreadsheets 2021

Family Balance Sheet

That is why I created Family Budget Spreadsheets — a bundle of spreadsheets that we personally use to plan and budget our money. I knew it was coming because we hadn’t planned for all of the gifts we bought in December and used a credit card to pay for them. This is a 12-month spreadsheet.

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

Savings Corner

You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs. Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. Using the cash out for home improvements is a more prudent use.”

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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. I knew it was coming, because we hadn’t planned for all of the gifts we bought in December and used a credit card to pay for them. This is a one month only spreadsheet.

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Rent vs Buy Calculator: Should I Rent or Buy?

Savings Corner

How to use the Rent vs. Buy Calculator The renting-vs.-buying You’ll need just seven pieces of information to use our Rent vs. Buy Calculator, things you may already know or have been tossing around in your mind: To make things easy, we made a number of assumptions about other typical costs that factor into this calculation.

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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. Loss of use , which pays for additional living expenses if you need to move while your home is being repaired. Read our methodology. 300,000 in liability coverage.

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What Is A Personal Loan?

Savings Corner

Portions of this article were drafted using an in-house natural language generation platform. A personal loan is money borrowed from a lender that can be used for nearly any purpose. Consolidate debt: You can use a personal loan to consolidate expensive debt, such as credit card debt.

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