I can completely pay off my mortgage early. Should I pay it off or invest?

K the CFeb 12, 2019

My mortgage is 3.5% fixed rate. I have enough money to pay off the remaining balance, and still have enough left over for an emergency fund. My investments have...

Should I continue putting additional money towards principal of mortgage?

wizlocFeb 12, 2019

I have been putting extra money toward the principal of my mortgage since we purchased our home last summer. However, due to circumstances, I have reason to believe we...

What is the formula for calculating the mortgage constant when payments are made at the beginning of the period?

user2524282Feb 12, 2019

In this case, the mortgage constant (or loan constant or debt constant) is the (in my case, annual) ratio of constant payments to the original amount, like here:...

Should I get a 15 year mortgage or 30 year mortgage on a house we’ll stay in 3-5 yrs?

SashallFeb 12, 2019

Sorry this is a bit long. Novice homebuyer here…We just put an offer in on a house at below estimated value. It was accepted today. We qualified for an FHA loan....

Multiple Investment Properties under One Mortgage

Anthony RussellFeb 12, 2019

I have been leveraging for a few years now and have managed to get a few mortgages on investment properties. All the properties perform very well, are income producing...

Will I carry a balance if I make an early payment?

PhilFeb 12, 2019

I’m new to credit cards and wish to understand how the following scenario will play out. Initial balance £0 September 6th to October 5th I run up £1000 on the...

Currency conversion losses in credit card bill due to merchant mistakes

curiousFeb 12, 2019

An overseas merchant whom I have purchased from before made an erroneous transaction on my credit card bill. The dispute has been resolved and the money refunded. The...

Credit score getting lower – but I'm doing everything right?

yuritsukiFeb 12, 2019

My credit score has dropped considerably in the past year from ~700 – ~600. This is my first credit card so far, and have only used mainly debit in the past. Thing...

What debts are both partners liable for in a 'community property' state?

Timo GeuschFeb 12, 2019

I’ve just come across this article over on the mintlife blog and noticed that I do live in one of the ten community property states. I’m not overly familiar...

Why small retail stores ask for ID with a credit card while big don't

Der_DarmFeb 12, 2019

Why do small grocery stores in the US ask for my ID with a credit card, while big ones, like Whole Foods or Safe Way, never ask for it. It is not related to buying...