Comments on: Mortgage Calculator With Frugal Spin

By: How to psych yourself into saving money

How to psych yourself into saving money — Tue, 11 May 2010 10:05:21 +0000

[...] Charge it!” The housing boom came a few years later, and banks — who once wanted you to spend no more than 36% of income on debt — stretched lending to 50% (!) or more of income; of course, this led people to reason that [...]

By: Rent vs Mortgage: Calculating Tangible and Intangible Costs | Frugal Dad

Rent vs Mortgage: Calculating Tangible and Intangible Costs | Frugal Dad — Tue, 18 Aug 2009 23:07:44 +0000

[...] argument used to convert renters to homeowners is a side-by-side comparison of mortgage payments to monthly rent. Realtors often like to tell potential buyers that renting is like “throwing [...]

By: How Much Mortgage Can I Afford? | Frugal Dad

How Much Mortgage Can I Afford? | Frugal Dad — Tue, 21 Jul 2009 10:01:00 +0000

[...] Some people, including most Realtors and mortgage brokers, banks, etc. use what’s called the 28/36 rule. The formula means mortgage lenders like to see your monthly mortgage payment come in at less than [...]

By: Should I Payoff My Mortgage Early? | Frugal Dad

Should I Payoff My Mortgage Early? | Frugal Dad — Tue, 13 Jan 2009 21:21:50 +0000

[...] At the time of this writing the markets are doing so hot, so passing on extra mortgage payments to invest in a flat (or declining) market doesn’t yield the kind of returns you might expect [...]

By: New Years Resolution One: Downsizing Our Home | Frugal Dad

New Years Resolution One: Downsizing Our Home | Frugal Dad — Tue, 30 Dec 2008 12:11:06 +0000

[...] money for additional financial goals. As it is, too much of our income goes towards making the mortgage payment, and not enough goes towards financing other dreams. We aren’t quite “house [...]

By: Attention Newlyweds: Rent a House | Frugal Dad

Attention Newlyweds: Rent a House | Frugal Dad — Thu, 22 May 2008 16:56:38 +0000

[...] to take on a mortgage payment that you cannot afford. Consider lowering the bank’s suggested 28/36 debt-to-income/obligations ratio to a more comfortable level based on your income. In the book The Ultimate Cheapskate, author Jeff [...]

By: A Weekend of House Hunting Yields a Couple Leads | Frugal Dad

A Weekend of House Hunting Yields a Couple Leads | Frugal Dad — Mon, 10 Mar 2008 12:00:31 +0000

[...] I mentioned a few weeks ago our family is considering a move to smaller, more affordable housing in an effort to pay off our [...]

By: Mortgage Calculator » The Frugal Home Mortgage Calculator

Mortgage Calculator » The Frugal Home Mortgage Calculator — Mon, 03 Mar 2008 11:32:01 +0000

[...] diogenesnHIn either case, you power impact more money mitt over apiece punctuation to content your remaining playing goals by accumulation Frugal Dad’s extreme mortgage calculator. Did you flavor this review? Subscribe to Frugal Dad’s RSS verify here, … [...]

By: Lender on The Finance World For News and Information Around The World On Finance » Blog Archive » The Frugal Home Mortgage Calculator

Fri, 08 Feb 2008 20:38:49 +0000

[...] The Frugal Home Mortgage Calculator Mortgage lenders would like for your new housing payment, including taxes and insurance, to be less than 28% of your gross monthly income. [...]