Archive for the ‘ Furniture ’ Category

By Marie-Claire Smith

When you think of home mortgage refinance, you probably think of a potentially very significant savings in your monthly mortgage payments. If so, you are definitely barking up the right tree. The fact is that mortgage refinance can a does save people thousands per year in their mortgage payments.

The truth is that, when done right, doing a mortgage refinance loan is a bit like finding extra cash in your sofa cushions that you didn’t know was there. Only, you don’t just find it once, you find that cash every month.

Many people hesitate, though, when it comes to refinancing: they think about doing it month after month but never actually get around to going online to find a strong list of candidate mortgage refinance lenders. The main reason for this that most folks are not mortgage finance professionals, so they naturally do not know how to time their refinance.

In short, they wonder: “How do I know if this is a good time to refinance my home mortgage loan? What is a good rule of thumb?”

If you would like to understand when to refinance a home, here is a rule of thumb in 5 steps:

YouTube Preview Image

1. Understand the overall goal of when you know to refinance:

Remember that the goal of refinancing should be one or both of the following: to reduce your monthly mortgage payment and/or to reduce the total cost of your loan. The best way to do both, of course, is to take out a loan for the same repayment term (e.g., 20 years) as you have now but at a lower interest rate.

2. Estimate whether you can qualify for a better interest rate than you currently have:

You should start the process by estimating whether you can indeed qualify for a lower rate. Key signs that you may be able to do so include: a. you have a better credit score than you had when you took out your existing loan, and, b. average interest rates are lower now than they were when you took out your loan.

3. Get an initial loan quote in order to find out estimated closing costs:

To decide whether it makes sense to refinance your loan at this point, consider getting an initial refinance loan quote from your existing mortgage lender. But, do not accept it at this point – yet: you are simply doing this in order to find out your estimate closing costs, as well as to get a sense for what interest rate you could qualify for.

4. Calculate your breakeven point:

Now, calculate your breakeven point. The formula for this is: New Mortgage Closing Costs / (Current Mortgage Payment – New Mortgage Payment). The answer will be in months. So, for example, if your current payment is $1,500/month and your estimated new payment is $1,200/month – and if your estimated closing costs are $1,800 – then your breakeven would be 6 months ($1,800 / $300 = 6).

5. Decide whether you will be in the home long enough to surpass the breakeven point:

Now, decide how long you will be in your home. If you believe you will be in your home for at least as long as the breakeven point, you should get busy getting additional loan quotes and start applying!

Take these 5 steps as a rule of thumb for knowing when to refinance your home mortgage loan.

About the Author: Get access to a free mortgage refinance calculator at:

Mortgage Refinance Calculator

.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=687324&ca=Finances

How To Choose The Right Plant For Interior Decorating

by

Thomas Fryd

YouTube Preview Image

Houseplants provide a great opportunity for interior design possibilities. Living plants will add a special touch to homes that are already well-designed with good furniture, paintings, and tabletop displays. Plants can be a beautiful decorative touch to add to your home. There are nearly endless options available when choosing your plants and their containers. Keep your overall decorating style in mind when you visit the nursery or garden center so that you choose plants and containers that will fit the dcor of your home.nnWhen choosing a pot for your plant, examine all of the different sizes, shapes, colors, and materials. It can be hard to imaging the possibilities when you select a plant in a black plastic nursery pot. You can repot your new plants into simple clay pots, providing a subtle earth tone and subdued design. To brighten a dark corner in your home, find a bright yellow ceramic pot. Patterned pots in plastic, metal, or wood can fit right in with the dcor of your home.nnConsider the plant you\’ve chosen when you purchase a pot for it. If you have a lot of bonsai, for example, continue the Asian theme by selecting red ceramic pots. Vines will look great in simple pots, because the plants themselves are so complex. You can even select humorous pots, like one with crocodile drawings, for unique plants like a Venus Fly Trap.nnTo add some interest to your container garden, select pots in different shapes and sizes. Round pots are classic, while long rectangular trays can provide unity for a group of plants, and asymmetrically shaped pots add visual interest. nnChoose your plants with attention to your overall color scheme. Choose plants with bright yellow or red flowers to add a splash of color to an otherwise restrained room. Or, continue the soft atmosphere by choosing a plant with deep colored foliage. Make sure that the flowers give you the effect you want. Many small blossoms can make a busy and active looking floral display. Large, uniquely-shaped flowers make a bold statement. nnWhen buying plants to decorate your home, you\’ll need to decide on how many plants you want, and where they will be places. If you use many plants at different heights, you\’ll add a sense of dimension to the room. Use a single large plant such as a hibiscus tree in a corner to draw the eye across the room. A basket hanging

from the ceiling has a different effect from a large tree plant on a pedestal.nnBy varying color, shape, and placement, you can achieve any affect you want with your houseplants. Combine the decorative elements in your home with living plants for a unique space. You can continue your interior design through your choice of plants and containers.

Thomas Fryd shares his vast knowledge at http://www.plant-care.com. We\’ve created the perfect resource for you on the topic of

hibiscus tree care

.

Article Source:

eArticlesOnline.com

}

About

about imageBlockquotes anyone? Lorem ipsum in blockquotes anyone? Lorem ipsum blockquotes anyone? Now we are talking!