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A few more online calculators

A follow up post with more online mortgage calculators. This time we examine the impact of prepayments.

A few more online calculators

Real Estate

3 easy ways to save money on your mortgage

If you take a mortgage for $300,000 at an average rate of 5% and pay it off over 35...

3 easy ways to save money on your mortgage

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If I had a million dollar home…

Recently a reader posed a unique Cadillac problem: If he won and then sold a new home, would he...

If I had a million dollar home…

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TV creates false economy for home renos

Spend $5,000 on hardwood floor installation: smart. Spend $15,000 installing the same floor, not so smart.

TV creates false economy for home renos

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Almost half of sellers won’t close the sale

As many as 40% of homes that are listed this spring won't sell. While many factors contribute to the...

Almost half of sellers won’t close the sale

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Should we all become landlords?

Being a landlord is not for the faint of heart. Missed rent payments, snow removal, and, if you're really...

Should we all become landlords?

Real Estate

Saving money: The choice between buying and renting is a complex one

Deciding whether to rent or buy should be based on a lot more than just the asking price.

Saving money: The choice between buying and renting is a complex one

Real Estate

Are you house poor?

I can’t believe the number of people who leap into home ownership without a clue about the financial responsibility...

Are you house poor?

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What do you mean cash flow positive?

First rule of real estate investment: it must be cash flow positive. Second rule of real estate investment: define...

What do you mean cash flow positive?

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