It's not uncommon for a homeowner to want to pay more than the minimum monthly mortgage payment on their home. However, just because it can seem hard to come up with the funds on a monthly basis doesn't mean it's not possible to find the money for extra mortgage payments each year. If you're wondering how you can pay down your mortgage debt much sooner with extra money, here are some tricks you may want to try. Relinquish Your Refund Many people look forward to tax time because it's an … [Read more...]
Recently Lost Your Job? 3 Tips for Managing Your Mortgage When You’re Out of Work
The financial responsibility of a monthly mortgage payment can be stressful on its own, but you may be even more concerned about your home investment if you've recently lost your job. Fortunately, there are some things you can do and places you can turn if you're not yet certain where your next paycheck will come from. If you're struggling with newfound unemployment, here are some important steps to take. Shake The Piggy Bank Most people struggle to save and that means they don't necessarily … [Read more...]
Budgeting 101: How to Plan Your Budget Around Your Monthly Mortgage Payments
If you've decided to invest in a home, you might be wondering how to make all of the expenses work. From the groceries to your mode of transportation, all of those little things can quickly add up. Fortunately, it's easy enough to ensure you have the money each month by carefully calculating your expenses and ensuring there's a little wiggle room in case of leaner times. Here are the details on how to begin with your mortgage budgeting plan. Calculate Your Monthly Payment Whether you've just … [Read more...]
Pay down Your Mortgage Faster by Eliminating These Five Unnecessary Household Expenses
The monthly mortgage payment can be one of the most significant household expenditures for a family. However, while it can be a sizable amount, there are certain household things you may be able to eliminate that will help you put down more money and pay your mortgage off a little faster. If you're interested in ways to save, here are some expenses you may want to consider cutting out. Giving Up The Cable Television is an important de-stressor for many people, but it can also be a considerable … [Read more...]
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