How much is a downpayment on a house?
Mortgage lenders traditionally have wanted to see borrowers put down 20% of a home’s purchase price. But what are the benefits and challenges of a down payment that’s less than 20%? Is 20% down dated advice? […]
Can you use student loans for living expenses?
Student loans can be used to cover more than tuition and fees. They can pay for lodging, food, commuting, a computer and study abroad (but not spring break!). The upshot is that most qualified education […]
Is paying off student loans early always smart?
There’s no question that student loan debt is at an all-time high. The latest statistics show that nearly 45 million U.S. borrowers owe more than $1.7 trillion in student loans. Many graduates want to pay […]