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How Much House Can I Afford? Affordability Calculator

Savings Corner

An important metric that your mortgage lender uses to calculate the amount of money you can borrow is the DTI ratio — comparing your total monthly debts (for example, your mortgage payments, including insurance and property tax payments) to your monthly pre-tax income.

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Benefit from My Financial Mistakes

Prairie Eco-Thrifter

Its good to be independent, but don’t overlook opportunities presented to you! By purchasing used vehicles you save on the initial car price, the sales tax you pay upon purchase as well as the property tax you pay each year and the amount you need to insure it. I failed at negotiation.

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How our Debt Freedom Plan Prepared Us for the Pandemic

Family Balance Sheet

Also to top it off, I had a huge property tax due that month for our office building that was going to be difficult to pay for in light of the circumstances. Given the present circumstances, I wish we had more saved, but we have enough to get us through several months of reduced income.

Debt 130
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Save Taxes: Negotiate A Reduction in Your Assessed Value

Prairie Eco-Thrifter

Review your assessments and taxes for the past few years – the information will usually be on your real estate property tax bill and/or receipt. Go yell at the dog or find another way to blow off steam so you won’t be emotional when you call the assessor’s office.

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How To Get A Personal Loan In 8 Steps

Savings Corner

They may ask for copies of utility bills, lease or rental agreements, property tax bills or credit card statements as proof of address. Tip: You may be asked to present additional information during the application process. Most lenders have websites with secure portals you can use to upload requested documents.

Debt 52