How To Get a Mortgage Based on Assets (Even if You Have No Income and/or Are Retired) Updated: August 1, 2023 Are you retired and trying to refinance or buy a new house? Or maybe you are NOT retired, but have assets to cover a home purchase, but currently have no income? What you are… Continue reading Asset Based Mortgages: How To Get A Mortgage with No Income in 2024
Tag: mortgage
The magic of a one-time partial mortgage payment: your net worth increases
Should you pay down your mortgage and live debt free or invest? There is an even better option with a one-time partial payment. Update – April 13th, 2022 A major calculation error in my spreadsheet has shown that the content in this post is incorrect. While I still believe that paying down your mortgage provides… Continue reading The magic of a one-time partial mortgage payment: your net worth increases
Pay Off Mortgage vs Invest Calculator
Should you pay down your mortgage and live debt free or invest? My spreadsheet works with both Google Sheets and Microsoft Excel. It is a simple and easy to use template for running various pay off your mortgage vs. invest scenarios. Pay Off Mortgage vs Invest Calculator Spreadsheet for Google Sheets & Excel Now you can easily run scenarios… Continue reading Pay Off Mortgage vs Invest Calculator
Refinance now to improve your savings rate, cash flow, and overall wealth
Interest rates remain historically low. If you have not refinanced, please do so now! We recently finished up refinancing via an Asset Based Mortgage to save $500 on our total mortgage payment. This was huge for us, especially after Accidentally Retiring. Not only are we now able to save $6,000 a year in total expense,… Continue reading Refinance now to improve your savings rate, cash flow, and overall wealth
Best Financial Independence Calculators & Tools
This is a comprehensive list of the best Net Worth, Financial Independence, and Retirement Calculators & Tools that I could find and test. I have used many of these calculators myself. Empower’s tools cannot be spoken more highly of for managing a budget, investments, and tracking net worth. And from time to time, I have… Continue reading Best Financial Independence Calculators & Tools