1)I am planning to buy a new home for the first time . What expenses(payment) would be added to my home mortgage like home insurance, mortgage insurance etc?
2)How can I lower my monthly mortgage? Some of my friends told that I have to pay at least 20% down payment rather than paying those amount after one year or so to lower monthly mortgage .
Thanking in advance.
Jan 272012
I’m renting my house, which I pay the mortgage for. So I’m not sure how to deduct mortgage interest now. Any software I use there is a section for deducting your mortgage interest. But since I’m renting now I’m not sure if I should look at the mortgage interest as a job expense? Also since [...]
Nov 302011
We are planning on making an offer on a 100 year old house. But it needs a lot of repair work…plastering, wiring etc. How can I take the loan for that? Should I include it with the mortgage loan or should it be a separate loan?
Recent Comments