Add A Few Dollars To Your Mortgage PaymentWritten by Terry J. Rigg
Many of us don't believe that a few dollars can make a big difference. In a lot of cases that is true. But when it comes to mortgages or any other type of loan, a few extra dollars can save you Big Bucks.The chart below gives examples of three different loan terms and what paying between $75 to $100 more a month would do to mortgage. It is based on a $100,000.00 loan at 7% interest. ---------------------------------------------------------------- YearsInt Rate Payment InterestTotal of PaymentsSavings 307% $665.30$139,508.00$239,508.00 N/A Round Payment to $750.00 $93,994.86$193,994.86$45,513.14This loan would be paid off in 259 months instead of 360. ---------------------------------------------------------------- 207% $775.30$86,072.00$186,072.00 N/A Round Payment to $850.00 $69,409.58$169,409.58 $16,662.42This loan would be paid off in 199 months instead of 240. ---------------------------------------------------------------- 157% $898.93$61,789.40$161,789.40 N/A Round Payment to $1000.00 $50,517.67 $150,517.65 $11,271.73This loan would be paid off in 151 months instead of 180. ---------------------------------------------------------------- By adding $84.70 to your 30 year loan you can save $45,513.14 and pay loan off in 21 1/2 years.
| | Doing genealogical research? What you should know about birth certificatesWritten by Mike Nielsen
Recently, millions of people all over world are becoming more involved in doing ancestral research and with development of internet and vast genealogical databases', finding your ancestors is getting easier and more convenient. If you are someone who is just beginning doing research or someone who has been researching ancestors for years, information presented in this article should be beneficial to you. In text that follows, I have outlined some basic things regarding birth certificates that you should be aware of. If you can obtain a birth certificate, then you are well on your way to finding accurate ancestral information. A birth certificate is first vital document of a person's life. It is also a very key piece in research process. The information found on Birth certificates varies by state or region and include such things as: name of child, date and place of birth, full names of father and mother. Some localities also include information regarding father's occupation, mother's maiden name, birth dates and places of parents, other children had by parents, etc. Due to a law passed around 1910, all vital records, including birth certificates, were required to be kept. Starting February 1, 1914, Division of Vital Records collected and maintained all birth certificates. There are several records that are available for people born prior to 1914, but these may be harder to come by. Also, it should be noted that birth certificates do not become available to public until they are at least 100 years old. This may make it even more difficult to obtain a birth certificate for your ancestors. If you do wish to obtain a birth certificate for someone who was born less than 100 years ago you will need to provide following information:
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