Savings Corner

DECEMBER 25, 2023

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. How much can I afford to spend on a house? 100,000 or more?

Calculators 52

Calculators Debt Taxes Insurance 52

Savings Corner

DECEMBER 24, 2023

The housing market remains competitive, with high borrowing costs, expensive housing prices and low inventory. Iowa’s median home price is $239,400, per Redfin data — well below the nationwide median home price of $388,800. Iowa lands near the middle of the pack tax-wise. 23 for property taxes and No.

Iowa 52

Iowa West Virginia Healthcare Delaware 52

For the Mommas

JANUARY 26, 2016

Get your taxes done right with TurboTax 2015 that is available at Walmart at a sale price of $74.97. in cash back, making the final price $64.97 Expert answers to your tax questions by phone included. Searches for 350+ deductions and credits, including tax-saving rental property deductions.

2015 40

2015 Property Taxes Refinancing Codes 40

Prairie Eco-Thrifter

MAY 27, 2014

My Dad offered my spouse and I the opportunity to buy his starter home (which he had converted to a rental) at a very attractive price. 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.

Real Estate 180

Real Estate College Psychology Property Taxes 180

Savings Corner

DECEMBER 25, 2023

The long answer depends on the market and whether you’re asking a lender, an agent or a county tax assessor. Knowing how to calculate your home’s value with the help of online tools and trained professionals better prepares you to buy, sell, refinance, tap into your home’s equity — or even negotiate lower property taxes.

Home 52

Home Illinois Real Estate Florida 52

Prairie Eco-Thrifter

JULY 6, 2014

The sales tax, plus the ongoing higher property tax and insurance are really turning him off – and the van does fine if we drive it locally or just for a few hours to the lake. Airports are notorious for tacking on fees and taxes. When I priced it, the daily rate to add insurance was around $25!

Rental Car 167

Rental Car Cars Car Rent 167

The Frugal Girl

FEBRUARY 18, 2024

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. We ending up buying our current home in 2015, when local prices and interest rates were significantly lower. Childhood joy.

Kids and Family 184

Kids and Family Home and Garden Money Frugal 184

Savings Corner

DECEMBER 25, 2023

Each payment includes a combination of principal and interest, as well as property taxes, and, if needed, mortgage insurance. Paying a larger percentage of the home’s price upfront reduces the amount you’re borrowing and makes you seem less risky to lenders. The most popular term is 30 years. Your down payment.

Re-use 52

Re-use Economy Homeowner Insurance Insurance 52

Prairie Eco-Thrifter

SEPTEMBER 15, 2016

Even according to boating sites, like Discover Boating , the costs are high: “In 2012, the average retail price of an outboard boat was $20,387. The average retail price of an outboard boat package (boat,engine and trailer) was $32,795.” Boat ownership can be incredibly expensive. Boats depreciate, just like cars.

Buy 100

Buy Buying Rent Recession 100

Savings Corner

DECEMBER 25, 2023

Buy Calculator considers one-time costs — closing costs and the down payment — and ongoing expenses, like property taxes, an HOA fee, home insurance, and private mortgage insurance, or PMI, which you pay if your down payment is less than 20% on a conventional mortgage. You can adjust all of those pre-filled areas. Location counts.

Rent 52

Rent Calculators Property Taxes Buy 52

Savings Corner

DECEMBER 23, 2023

A median-priced home consumes 33.7% A typical mortgage payment , property taxes, and insurance are taking up three percentage points more of the average wage than a year ago and 12 points more than early in 2021, just before home mortgage rates started rising. In about 88% of those markets, they remain up annually.

Home 52

Home Property Taxes Price Homeowner Insurance 52

Savings Corner

DECEMBER 24, 2023

After a pandemic-fueled, seller-benefitting boom — with bidding wars, inventory shortages and spiraling prices all over the country — the housing market began to cool down in 2022. The impact of inflation and fast-rising interest rates dampened buyers’ interest, causing sales to slow and price appreciation to decelerate.

Real Estate 52

Real Estate Buy Buying Credit 52

Savings Corner

DECEMBER 25, 2023

Down payment costs are just the beginning — you’ll also have to account for closing costs and ongoing homeowner expenses, like property taxes and insurance, and you’ll want to budget for maintenance costs. Consider the 28% rule, which states that mortgage payments shouldn’t be more than 28% of your pre-tax monthly income.

Calculators 52

Calculators Illinois Credit Debt 52

The Frugal Girl

MARCH 4, 2024

Alan and I, by choice, bought land in an area with low property taxes. Had we not fallen in love with the locale, it wouldn’t have mattered how low the taxes were, but fall in love we did. Pack a cooler with your own healthy snacks and drinks to avoid paying a premium price when someone becomes desperately hungry or thirsty.

Green And Frugal 178

Green And Frugal Kids and Family Hotel Frugal 178

Family Balance Sheet

JUNE 22, 2020

We have thought about moving to a larger home with more space, but a smaller home means lower utility bills, homeowners’ insurance premiums, maintenance, and property taxes. Years ago, our cable bill doubled in price. While our income has grown over the years, our home expenses have stayed the same.

Debt 130

Debt Health Insurance Insurance Budgeting 130