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How to Leverage Your Home to Make Extra Money

Prairie Eco-Thrifter

Senior homeowners can use this money to pay their daily expenses or repay their credit card debt. How to Change your Financial Situation Fast The Different Types Of Business Loans 3 Different Ways to Plan for Your Family's Future Should You Risk Not Having Homeowner's Insurance?

Money 100
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Mortgage Calculator with PMI and Taxes

Savings Corner

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. Monthly mortgage payments can go up Property taxes or homeowners insurance premiums rise.

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

Savings Corner

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.