Real Estate

How Much House Can You Afford?

Learning your credit score and securing a solid down payment are two steps in the right direction to buying a house. But calculating how much you can afford also depends on: (1) How much you want to finance, (2) Your debt to income ratio, (3) What you are willing and able to pay every month over what period of time. In addition to shaping your budget, these factors inform whether you should choose a standard 30-year loan or a 15-year loan with higher payments but less interest.

By Alden Wicker, ago
Financial Advisors

Fee or Commission: What’s the Best Way to Pay Your Financial Advisor?

The wrong payment structure could lead to mismanaging your assets, being overcharged or getting bad advice. So its very important getting familiar with the different types of fees, the benefits and drawbacks of each, and how they fit in with your financial goals. After all, you’re trying to get help managing your money. And being a savvy shopper is the first step toward that goal.

By Alden Wicker, ago