How is Lease Rate Affected? What happens when you realize that leasing companies are suddenly increasing their rates? What has brought on the change out of the blue? Contrary to common misconception, higher interest rates don’t always mean more lease rates. With the advent of the new millennium, interest rates have not seen a sharp […]
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What is my equipment lease rate?
There are various terminologies associated with equipment lease rates, so before you venture into this area, it is best to familiarize yourself with those. Quite a lot of people have made the mistake of leasing equipment without knowing the technicalities and ended facing a lot of problems later on.
Should I consolidate my loans?
Is it Advisable to Consolidate Loans? Be it home loans, car loans, or student loans – eventually all of it seems to pile up and leave a huge mess. No matter how much we try, there comes a point when the entire process of clearing the loans becomes overwhelming and we are clueless as to […]
How much can I afford to borrow?
How Much Can You Borrow while Buying a Home? Who wouldn’t want to own a property that can be called home? Unfortunately, there are lots of factors to consider such as mortgage – for a fair deal, you need to have a good credit score, be more or less debt free, save cash for down […]
How much will my payments be for a balloon mortgage?
Should You Opt for Balloon Mortgages? Worried about monthly mortgage payments because of an unstable income? Don’t worry- you can easily go for balloon loans, as they are specially designed for people who are unable to afford a fixed high monthly payment. There is quite a bit of flexibility because minimum payments are required during […]
How much car can I afford?
How to determine if you can afford a car? Who wouldn’t like to own a car? We get envious when we see our friends cruising along in their own car or smartly dressed working professionals driving to offices, because we wish to do the same! Thanks to easy loan schemes and low interest rates, this […]