Remove Credit Remove Debt Remove Money Remove Property Taxes
article thumbnail

How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

We’ve had several instances over the years that have shaped how we viewed and managed our money. How Our Debt Freedom Plan Prepared Us for the Pandemic. I am totally paraphrasing the year, but had it not been for the money in our emergency savings, we would most likely have used credit cards to survive.

Debt 130
article thumbnail

How Much House Can I Afford? Affordability Calculator

Savings Corner

To calculate how much house you can afford, we take into account a few primary items, such as your household income, monthly debts (for example, car loan and student loan payments) and the amount of savings available for a down payment. How does your debt-to-income ratio impact affordability? How much house can I afford with a VA loan?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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

Savings Corner

While you can’t cash out all of your home’s equity, the process gives you access to a larger sum of money without needing to sell your home. You can use this money for any purpose, including home remodeling , consolidating higher-interest debt , college tuition and other financial needs.

article thumbnail

Family Budget Spreadsheets 2021

Family Balance Sheet

Saving more money is one of the top resolutions that people make…after getting in shape and eating healthier. My mission has always been to help families build a strong financial plan, gain confidence with their money, and live the life of their dreams. One January, we received a very large credit card bill in the mail.

Budgeting 130
article thumbnail

Meet a Reader | JenRR from the Midwest

The Frugal Girl

How did you get interested in saving money? At age 12, I started saving up my allowance and babysitting money to buy Christmas gifts for other children who were less fortunate. What’s the “why” behind your money-saving efforts? What’s an embarrassing money mistake you’ve made? Childhood joy.

article thumbnail

Mortgage Calculator with PMI and Taxes

Savings Corner

The mortgage payment calculator can give you a reality check on how much you can expect to pay each month, especially when considering all the costs, including taxes, insurance and private mortgage insurance. If you’re putting enough money down. A lot of factors go into that assessment, and the main one is debt-to-income ratio.

article thumbnail

Refinance Calculator | Bankrate

Savings Corner

Just like any other loan, you apply for refinancing, which includes a thorough check of your credit, income, employment history and finances. When you refinance, the borrowed money from your new loan pays off your existing loan. While refinancing can save you money in the long run, it comes with upfront fees.