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Homeowner’s Analysis

by Sara Driscoll November 20, 2011 Financial

Tax Advantages of Home Ownership

The tax advantages and investment potential of home ownership are calculated here for you. This analysis assumes that the home is purchased on January 1 so that a full year’s interest and property taxes are deductible. The standard deduction that a person …

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Interest Rate vs Home Price

by Sara Driscoll November 20, 2011 Financial

How Much Does an Interest Rate Increase Cost?

This shows the correlation in interest to price. It demonstrates that a .5% change in the interest rate is approximately equal to a 5% change in the purchase price. A 1% change in the interest rate is approximately …

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Cost of Waiting To Buy

by Sara Driscoll November 20, 2011 Financial

Could Waiting to Buy a Home Actually Cost You More Money?

We all know people who are waiting to buy a home until prices come down more. Maybe you’re even doing that. But what if interest rates go up while you are waiting? With a higher interest rate, …

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Equity Accelerator

by Sara Driscoll November 20, 2011 Financial

Do You Want to Pay Off Your Mortgage Early?

This calculates the interest and time savings by applying additional principal contributions with each house payment.

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calculator

Mortgage Calculator

by Sara Driscoll November 20, 2011 Financial

Calculate a Mortgage Payment

Just enter the mortgage amount, interest rate, and term, and the mortgage payment is calculated. If the taxes and insurance are known, the full payment, principal, interest, taxes and insurance is calculated. Private mortgage insurance will be added if the loan-to-value is …

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