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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

Here’s how refinancing a mortgage works, the common options available to you and pros and cons to consider. You could refinance with your current lender or work with a different one. You could refinance with your current lender or work with a different one. How does refinancing work? What is refinancing?

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How I’m Managing our Family Budget during the Pandemic

Family Balance Sheet

We paid off our last non-mortgage debt in September and have since sent that loan’s monthly payment to our mortgage principal. We just finished paying off our non-mortgage debts and now we were considering taking out a car loan. Update our Debt Freedom Plan to reflect lessons learned during this crisis. Cash is King.

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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?

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Meet a Reader | JenRR from the Midwest

The Frugal Girl

Besides dealing with my sudden unemployment when my oldest child was a toddler, I was hoping to figure out a way to extend my time at home with him. 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.

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How To Get A Personal Loan In 8 Steps

Savings Corner

The steps may vary depending on whether you’re looking for debt consolidation loans , home improvement loans, medical loans or wedding loans. Personal loan qualification requirements Your credit score , income and debt are usually evaluated by personal loan lenders to see if you qualify.

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Meet a Reader | Mary from Reflections Around the Campfire

The Frugal Girl

Our mom stayed home to raise us kids; she went to work part-time in the local school system after both my brother and I were in school. He diligently maintained our car and our house, doing all the work himself. We knew it would be a balancing act, so we were working on saving money long before the wedding.

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Mortgage Calculator: How Much Can I Borrow?

Savings Corner

down payment 3% New American Funding works with down payment assistance programs in 14 states, including California, Texas, Florida and Illinois. down payment 3% New American Funding works with down payment assistance programs in 14 states, including California, Texas, Florida and Illinois. How much money do I need to buy a house?