Sentences with phrase «still paying off their mortgage»

It's partly about exposure; but if it doesn't work, I still have a # 1 bestselling book, I've still paid off the mortgage — I have nothing to lose.

About 64 % of Americans own the home they live in, although the majority are still paying off a mortgage.

Evacuees that were still paying off mortgages before fleeing the burning Wood Buffalo region may be surprised to learn that even if they have no home to return to, they are still responsible for making those mortgage payments.

Evacuees that were still paying off mortgages before fleeing the burning Wood Buffalo region may be surprised to learn that even if they have no home to return to, they are

If you're living in a cabin in the woods, your expenses will be different from a retiree who is still paying off a mortgage.

Owning your home free and clear would also be a big help in stretching your retirement income, but about 37 % of homeowners age 65 and older are still paying off a mortgage.4 If you foresee your mortgage being an issue in your retirement years, you may want to examine options to pay it off early, reduce payments, or otherwise modify the terms.

Evacuees that were still paying off mortgages before fleeing the affected regions may be surprised to learn that even if they have no home to return to, you are still responsible for making those mortgage payments.

Because they are still paying off their mortgages.

Someone who is still paying off their mortgage, saving for their kids» college, planning for retirement, and more.

This type of policy is ideal if you only need to have life insurance for a specific period of time, for example while your children are young or while you are still paying off your mortgage.

The percentage of older adults who are still paying off their mortgage while in retirement has steadily increased over the years.

Not exact matches

«For people who have the risk tolerance, investing that money rather than paying off the mortgage is fine, but think about what would happen if the investments don't pan out and you still have to pay your mortgage,» says Craig Brimhall, vice president of Wealth Strategies at Ameriprise Financial.

With the madness that sometimes comes with my full - time job and two kids under four years old, we both agreed that if we're going to do this crazy 5 - year mortgage pay off extravaganza then we still need to have fun.

«Even if the FHA - insured mortgage has a lower monthly payment, you may still be better off paying a bit more for the conventional loan with PMI,» said Parsons.

We are a couple just pass 40, and we have two rental properties with one we are still paying off, and we are paying off the mortgage on our prime residence.

Either way, hubby and I will still buy another house after our mortgage is paid off.

With mortgage rates still at historic lows, as well as mortgage interest tax deductions, there can be a good argument against paying off your mortgage early.

While my partners still have their portion of the mortgage to pay off, I wiped mine out.

The Bristol University / ILC - UK research found that nearly one in 10 (9 %) households headed by someone aged in their late 60s still had a mortgage to pay off, as did one in 50 (2 %) of people aged over 80.

A report by Bristol University and the International Longevity Centre (ILC - UK) found that about two - fifths (40 %) of people aged 75 and over and who still have a mortgage to pay off have an interest only mortgage with no linked investment with which to pay their loan back.

This means there's still time to lock in a lower mortgage rate or double - down on paying off debt before it becomes even more expensive.

That's unlikely — Wembley Stadium's ownership, the Wembley National Stadium Limited (WNSL), is still trying to pay off a massive # 757m mortgage that helped renovate the stadium in the early 2000s.

Then there's indentured labouring of working to pay off the mortgage, and all of the trappings of capitalism that still exist to this day.

All too often, he said, everyday people still face corrosive uncertainty: Go to any bar or restaurant, and you'll find parents who are no longer sure they'll be able to pay off their mortgages, parents fearful about whether their retirement savings will be enough, parents worried their kids will be eternally buried underneath student loans.

But still the effect on workers is the same as if employees had been laid off — mortgages will be harder to pay, discretionary spending will be cut, and it's likely many employees will find themselves a bill or two behind on utilities.

Each player now shares Tom Nook's mortgage, and Tom will still force new players to work for him even when it is fully paid off.

Although this is no different with a reverse mortgage, it may still be seen as a downside for borrowers who prefer owning a home that is completely paid off.

I could also pay off the mortgages at that time (I will still owe roughly $ 475,000 at that point) and use the higher net cash flow as a higher passive income stream.

If you default they could still foreclose on the property and sell it, paying off the existing mortgage with the proceeds.

If you default they could still foreclose on the property and sell it, paying off the existing mortgage in the proceeds.

Your debt should still be kept low and in case of extra money, save, invest or pay off mortgage early with any extra cash as prepayment of a consolidation loan usually has penalties.

If you default they can still foreclose on the property and sell it, paying off the existing mortgage in the proceeds.

Mortgage life insurance is designed to pay off the rest of your mortgage in the event that you or your spouse die with money still owing on yoMortgage life insurance is designed to pay off the rest of your mortgage in the event that you or your spouse die with money still owing on yomortgage in the event that you or your spouse die with money still owing on your home.

It is great for the chronic overspenders to have their mortgage paid off so when they rack up credit card bills and get behind, well they still hae a place to stay.

Still, if your mortgage is small and you expect to have it paid off within the next three or four years, that might be a risk worth taking.

I'll share that some people are still advocating paying off their sub 4 % mortgages, and doing so with a zeal that boarders on religiosity.

Had I gotten the house that I wanted (but lost to another buyer), I would be paying a much higher mortgage and property taxes, and not saving nearly as much... and though I'd still pay it off early, it definitely wouldn't be 22 years early.

Although we've come very close to acquiring new debt (we recently traded in our Toyota 4Runner for a new Honda Pilot that we eventually paid off before the first month's payment was due), my family and I are still debt free with the exception of our home mortgage.

800 is still an excellent credit score but it is about 4 % lower than it was prior to paying off our mortgage.

That is right, you can take out a Reverse Mortgage loan that requires no monthly payments, but still make payments on the loan in order to lower the balance for the future or pay it off over a set period of time.

But I'd try to make sure I was in a position to pay off the mortgage early and still save.

Doing all of this will allow them to pay off their mortgage by the time Mukesh turns 66 — still a year short of their goal.

For example, if you're still paying down your student loan debt or working on a mortgage for your house, it's time to pay off these debts.

I calculate that at this rate, I would still require 2 - 5 years before I can pay it off and concentrate on the mortgage.

Of course, rolling credit card debt into a 30 - year mortgage isn't actually paying it off, but the monthly payments will be a lot lower, and if you're lucky and your home appreciates further, you can pay it off fully when you sell the property and still have paid a lot less interest.

Even if you never pay off your mortgage, and even if the housing market bursts again (which I would say it is likely to considering the fact that land prices have been recovering and the government has largely been considering subsidizing housing on a large scale... again) you still have SOMETHING in equity, whereas when you rent, you will never see that money again barring extenuating circumstances.

For example, borrowing to buy a home is thought to be good debt, because you get a house to live in, and when the mortgage is paid off you still have a house to live in.

In case you default they can still foreclose on the property and sell it, paying off the existing mortgage in the proceeds.

Perhaps you still have mortgage to pay like most people do, but your car should already be fully paid - off way before.

When you get close to paying off your mortgage this amounts to less and less each year but it is still a factor.