Sentences with phrase «pay off the mortgage entirely»

An open mortgage gives you the most flexibility in making extra payments towards your mortgage principal and even lets you pay off your mortgage entirely whenever you wish to.

A house purchased for $ 300000 which has a $ 250000 mortgage which is in a high growth market may later allow you to downsize to a different $ 300000 property and pay off the mortgage entirely.

In contrast, the mortgage amortization period is the lengthier period of time it will take the borrower to pay off the mortgage entirely, calculated using the entire amount borrowed, applying a fixed interest rate and allowing for only the minimum required payments.

These loans can provide thousands in savings while giving the home buyer enough time to refinance into a fixed - rate loan, sell the home, or pay off the mortgage entirely.

Not exact matches

When the RRSP growth rate you expect exceeds the mortgage interest rate, you would want to make RRSP contributions before you entirely pay off your mortgage.

This touches on something that's seldom remarked upon: The ROI may be better if the money is used for investments than to pay off the mortgage, but the risk profile is entirely different.

(To learn more about the importance of freeing yourself from mortgage payments entirely, read Paying Off Your Momortgage payments entirely, read Paying Off Your MortgageMortgage.)

If you have high interest credit cards, auto loans, department store credit cards or gas credit cards, those should be paid off entirely before a mortgage with a low interest rate.

Until this point it had been plainly understood when an individual with a reverse mortgage — or a Home Equity Conversion Mortgage (HEMC) as HUD calls them — moved, sold or passed away that the loan could be entirely paid off by giving title to themortgage — or a Home Equity Conversion Mortgage (HEMC) as HUD calls them — moved, sold or passed away that the loan could be entirely paid off by giving title to theMortgage (HEMC) as HUD calls them — moved, sold or passed away that the loan could be entirely paid off by giving title to the lender.

Paying off a mortgage early takes a great deal of hard work and determination, but it can be entirely worth it to have that weightless, debt - free peace of mind that comes with owning your home outright.

With a mortgage, though, you have to repay it at 10 % per turn or you can pay it off entirely by spending a Producer token to visit the bank and handing over the cash.

Others, still, will buy these policies to ensure that should they, the breadwinner, suddenly pass away, their mortgage will be taken care of until it's paid off entirely.

She could continue making mortgage payments, or pay off the house entirely, and she won't need to access money designated for retirement.

I believe this property should appraise for at least $ 180,000, which means if the bank will provide a 70 % loan - to - value mortgage on this property, I should be able to get a loan for $ 126,000 — paying off my private lender entirely and allowing me to pay the bank loan back as well.