Post by janetmukes on Sept 3, 2020 19:08:17 GMT -5
Home equity also allows the owner to profit more from selling the home and apply that money toward a new house.
Equity buildup and appreciation in a first home help in the move-up to a second. Especially with a fixed-rated amortized mortgage, you know exactly what your payments will be over the life of your loan. Knowing your fixed costs each month, makes it easier to budget, plan and invest for the future.
Equity buildup and appreciation in a first home help in the move-up to a second. Especially with a fixed-rated amortized mortgage, you know exactly what your payments will be over the life of your loan. Knowing your fixed costs each month, makes it easier to budget, plan and invest for the future.