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Amortization Spreadsheets – Their Use Reveals the Secret to Cutting Interest Costs
Many times the interest portion of a mortgage, or other loan payment goes unnoticed. By using amortization spreadsheets you can easily see how much interest is being paid with each monthly payment. Also, you can see how much interest the payments are accumulating through the months and years.
Typically, an amortization spreadsheet will have [...]
Why Use Bridging Finance?
Traditionally Bridging Finance, or Bridging Loan as it is also known, has been used to ‘bridge’ the financial gap between the sale of one property and the purchase of another. Allowing borrowers to purchase the second property before selling their existing property.
Numerous other uses for Bridging Finance include -
Allowing Buy to Let investors achieve a [...]
Should Seniors Use Reverse Mortgages?
Some of the most popular products being pitched to seniors today are reverse mortgages. Everywhere you turn there are free seminars, free reports and free DVDs, all touting the amazing benefits these loans offer. Are reverse mortgages the answer to seniors prayers, or are they too good to be true?
It all sounds so [...]
How To Effectivly Use A Mortgage Calculator
Mortgage calculators are used to help a current or potential real estate owner determine how much they can afford to borrow to purchase a piece of real estate. Mortgage calculators can also be used to compare the costs or real interest rates between several different loans, determine the impact on the length of the mortgage [...]
Payoff Your Mortgage – Use the Fastest Method Without Cutting Into Your Paycheck
The current mortgage system is designed to squeeze as much money out of you as possible…
WARNING: you’re at a severe disadvantage because mortgage companies charge as much interest as long as possible without informing you in a clear way all the steps you can take to change it.
The current system requires your payments follow an [...]