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...

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...

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....

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 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 exactly are the logistics of refinancing a mortgage?

user2932Jan 26, 2019

When you get a mortgage for buying a home, the logistics (all the paper signing etc…) are usually handled by the lawyer responsible for the overall home purchase...

Putting fiancée on the mortgage during a renewal

trashpandaJan 26, 2019

The mortgage is due to be renewed in March as the product’s life-cycle is naturally coming to an end, and so we figured now might be a good time to put my fiancée...

Calculator for fixed mortgage overpayment plus regular payment

Iain LaneJan 26, 2019

In my personal budget, I allocate a fixed amount £x per month to mortgage repayments. This amount includes a sum which is going towards overpaying the mortgage so that...

Is there any reason to have a mortgage broker when refinancing with a specific company?

user2932Jan 26, 2019

If I’m refinancing a residential home, and already know exactly which company I will use to obtain a mortgage from (and at which rate), is there any value in...

Credit advice in preparation for buying a house a year from now?

BooleanCheeseJan 26, 2019

I plan on buying a home about a year from now. I’m 25, have never owned a home before, but I have a credit score that hovers around 780, so I’ve got that...