Finance

Early Mortgage Payoff Benefits Depend on Variables

Question: I will soon make our final mortgage payment. My wife will retire in two years and I will work to age 67. We are both 60 today. Because I don’t get a pension I really have been looking forward to this final payment.

We bought the house 25 years ago, but I shortened the term of the loan by refinancing to a 15-year loan in 2003. Are we doing well to have the mortgage paid off by age 60? –T.M.

Answer: Paying off a mortgage before retirement is sort of the baseball-and-apple-pie of retirement. It’s a feel-good way to create a sense of security in your later years.

Home Equity Loan: What Is It and How Does It Work?

A home equity loan can allow you to access large sums of money without selling your home. Using your home as collateral, you can get a loan to finance anything you want or need —…

The post Home Equity Loan: What Is It and How Does It Work? appeared first on Crediful.

Most Affordable Beach Towns – 2021 Edition

Living by the beach can be expensive. Mortgage payments, property taxes and space can make your dream home unattainable. But if you know where to look, you can find a shore home without breaking the bank. The National Oceanic and … Continue reading →

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How To Invest In REIT – Are REITs good investments?

Are REITs good investments? How much money do you need to invest in REITs? How do I start investing in REITs? These are all questions that will be answered today.

Wealth Tax: Definition, Examples, Pros and Cons

A wealth tax is a type of tax that’s imposed on the net wealth of an individual. This is different from income tax, which is the type of tax you’re likely most used to paying. The U.S. currently doesn’t have … Continue reading →

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First Time Home Buyer Programs for Veterans

Numerous programs exist to help veterans and service members who are first-time buyers with their closing costs and other expenses.

Auto Loan: New Car vs Old Pros and Cons

There are over 25 million auto loans every year in the United States, with the majority of drivers using finance to pay for new and used vehicles. Car loans are some of the most common secured loans in the country and for many Americans, a car is the second most expensive purchase they will make […]

Auto Loan: New Car vs Old Pros and Cons is a post from Pocket Your Dollars.

What Is A Consumer Loan?

A consumer loan is a loan or line of credit that you receive from a lender. Consumer loans can be auto loans, home mortgages, student loans, credit cards, equity loans, refinance loans, and personal loans. This article will address each type of consumer loans. Get Approved for personal loan today. Types of consumer loans: Consumer …

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The post What Is A Consumer Loan? appeared first on GrowthRapidly.

Securing Credit Card Processing for Your Small Business

Opening a business is a major undertaking regardless of industry. Whether it’s your first business or your one-hundred-and-first, it’s a big deal. That’s why it’s important you remember to dot your i’s and cross your t’s before launching your business to the public—especially when it comes to your credit card processing. If you own a… Read More

The post Securing Credit Card Processing for Your Small Business appeared first on Credit.com.