Comments on: Mortgage: the cheapest debt http://kclau.com/money-saving-tips/mortgage-the-cheapest-debt/ Personal Finance Money Tips Thu, 09 Feb 2012 02:31:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: rob http://kclau.com/money-saving-tips/mortgage-the-cheapest-debt/comment-page-1/#comment-150340 rob Fri, 21 Aug 2009 10:32:47 +0000 http://kclau.com/?p=16#comment-150340 I am currently looking at an apartment I wish to buy for own stay. Its within my budget but still a liability. What to do? i have fallen in love with the place. I am currently looking at an apartment I wish to buy for own stay. Its within my budget but still a liability. What to do? i have fallen in love with the place.

]]> By: subashini sugumaran http://kclau.com/money-saving-tips/mortgage-the-cheapest-debt/comment-page-1/#comment-150338 subashini sugumaran Fri, 21 Aug 2009 08:29:45 +0000 http://kclau.com/?p=16#comment-150338 mostly ppl are being into debt to purchase asset. But in the real thing thats not their asset if they bought for their own accomodation. Its still consider as liability. Actually there are mortgage planner who will know more about the bank interest charges and on. You really can save allot form their advise. mostly ppl are being into debt to purchase asset. But in the real thing thats not their asset if they bought for their own accomodation. Its still consider as liability. Actually there are mortgage planner who will know more about the bank interest charges and on.
You really can save allot form their advise.

]]> By: KCLau http://kclau.com/money-saving-tips/mortgage-the-cheapest-debt/comment-page-1/#comment-149762 KCLau Fri, 19 Jun 2009 06:02:21 +0000 http://kclau.com/?p=16#comment-149762 @rob, debt is still debt. The difference is whether it is a good debt or a bad debt. @rob,

debt is still debt.
The difference is whether it is a good debt or a bad debt.

]]> By: rob http://kclau.com/money-saving-tips/mortgage-the-cheapest-debt/comment-page-1/#comment-149712 rob Fri, 12 Jun 2009 11:52:37 +0000 http://kclau.com/?p=16#comment-149712 cheap debt, costly debt- its still a debt. you need to service the mortgage EVERY single month. If you have monthly rental returns, fine. Otherwise it just adds to your liability. Am I right?? cheap debt, costly debt- its still a debt.
you need to service the mortgage EVERY single month. If you have monthly rental returns, fine. Otherwise it just adds to your liability. Am I right??

]]> By: LOKE http://kclau.com/money-saving-tips/mortgage-the-cheapest-debt/comment-page-1/#comment-122503 LOKE Sun, 08 Mar 2009 13:24:29 +0000 http://kclau.com/?p=16#comment-122503 I think fixed rate home loan is a better choice if we don't plan to settle the loan fast. If we are able to settle the loan in around 6 to 10 years, flexible rate home loan will be better. I think fixed rate home loan is a better choice if we don’t plan to settle the loan fast. If we are able to settle the loan in around 6 to 10 years, flexible rate home loan will be better.

]]> By: Debt Consolidation Case Study | Personal Finance Money Tips http://kclau.com/money-saving-tips/mortgage-the-cheapest-debt/comment-page-1/#comment-29307 Debt Consolidation Case Study | Personal Finance Money Tips Sun, 06 Apr 2008 23:01:11 +0000 http://kclau.com/?p=16#comment-29307 [...] OPINION: Undeniably, mortgage loan is the cheapest loan available nowadays. Bankers feel secured because your house will likely appreciate in value over [...] [...] OPINION: Undeniably, mortgage loan is the cheapest loan available nowadays. Bankers feel secured because your house will likely appreciate in value over [...]

]]> By: 3 Alternative financial resources that can help you eliminate your credit card debt http://kclau.com/money-saving-tips/mortgage-the-cheapest-debt/comment-page-1/#comment-23917 3 Alternative financial resources that can help you eliminate your credit card debt Sun, 24 Feb 2008 22:03:19 +0000 http://kclau.com/?p=16#comment-23917 [...] Mortgage is the cheapest loan. Refinance your mortgage, either to a larger sum, or prolong the term with lower installments per month. It is better to refinance for a higher amount because you can pay off your credit card debt straightaway. If not, try to prolong the term. You will get better cash flow to pay off credit card. [...] [...] Mortgage is the cheapest loan. Refinance your mortgage, either to a larger sum, or prolong the term with lower installments per month. It is better to refinance for a higher amount because you can pay off your credit card debt straightaway. If not, try to prolong the term. You will get better cash flow to pay off credit card. [...]

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