Tag: Personal Finance

Posted on 03/06/2022

A beginner's guide to PITI & property taxes

PITI is an acronym for principal, interest, taxes and insurance. In real estate, it's used by lenders to estimate your qualifications for a mortgage. One of the key variables in the formula is property taxes, which vary by location and individual home. But how do property taxes affect your PITI ratio? Here is a basic explanation to help:...

Home Value

+ 5 more

Posted on 11/17/2019

Tax Breaks for Homeowners

Do you ever wonder why so many Americans dream of owning a home? From complete privacy to a nest egg in the future, one lesser-known but vital reason why homeownership is something everyone is longing to achieve is the tax breaks it provides. No one enjoys paying taxes so owning a home set you aside for tax breaks...

Real Estate Taxes

Homeowner

+ 1 more

Posted on 11/03/2019

Should Avoid Paying Off Your Mortgage Early?

Deciding not to pay off ahead on your mortgage can be a decision made because you want to divert your cash to another investment. If you have an investment that is certain to yield interest or because you have a certain way you have planned your finances, paying the full mortgage earlier than due has no place on...

Mortgage

Personal Finance

+ 1 more