Simplistic calculations often ignored

“…most personal-finance resources these days don’t account for situations … essential factors like tax rates and inflation expectations … often ignored in favor of simplistic calculations.”

According to this weeks Wall Street Journal article “Refinancing: Whom Can You Trust? – WSJ.com” by M.P. MCQUEEN, “The refinancing equation has never been more complicated. While some borrowers are desperate to reduce their monthly payments, others are looking to build equity. Some are even treating their mortgage as an investment vehicle, sinking excess cash into their homes in order to secure a lower rate and cut future payments. Most personal-finance resources these days don’t account for situations like these. Even essential factors like tax rates and inflation expectations are often ignored in favor of simplistic calculations.”

This calculator can help you evaluate these important factors:

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About homesourcemortgage
Loan Officer

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