Posts Tagged ‘down payments’

  Traditional mortgages will usually require that borrowers put down at least 10 percent of the home’s sale price, or 20 percent if they want to avoid paying PMI (Private Mortgage Insurance). On top of the down payment, there are also closing costs to budget for. With all of the out-of-pocket money that is involved […]

A bad credit score can cost you: you’ve probably heard it before. But did you know that poor credit could literally cost you money? Here’s how: High interest If your credit isn’t that great, you might still get approved for loans and credit cards, but at a much higher cost. People with bad credit usually […]

Traditional mortgages usually require at least 10 percent down in order to qualify. Even if you’re staying on the lower end of your housing budget, coming up with this amount of cash can be difficult. On top of the down payment, there are also the closing costs to budget for, which can make homeownership almost […]

  To try and get the best rate possible, it’s important to: Find out what the dealership can offer Are you buying your car through a dealership? If so, you may want to finance your car through them, but save this step for last and don’t go to the dealership until you already have a […]

  If you’re getting ready to apply for a car loan, you might be wondering how your rate is determined and what action you can take to ensure you get the best rate possible. After all, a good interest rate can help to lower your monthly car payments and save you a lot of money […]

Whether you’re looking to replace your current car, or this is your first vehicle purchase, one of the first decisions that you’ll probably make is whether to purchase a new car or used vehicle. Because used cars tend to be cheaper, they often allow buyers on a budget to get a better car for their […]

Whether you’re looking to replace your current car, or this is your first vehicle purchase, one of the first decisions that you’ll probably make is whether to purchase a new car or used vehicle. Because used cars tend to be cheaper, they often allow buyers on a budget to get a better car for their […]

Getting a good interest rate for your mortgage can mean the difference between being able to afford the home of your dreams, or having a payment that is too high. If you are going to apply for a mortgage in the near future, the following includes tips for getting a better mortgage rate. Good credit […]