| Being a private mortgage lender and investing | | | | debts with either a home equity loan or a new |
| your capital in other people's mortgages can | | | | mortgage. If you have a large amount of debt, |
| be a very satisfying as well as profitable | | | | then refinancing to get control of debt |
| business.However, when you start to look at a | | | | should probably be your first move.Whichever |
| foreclosure loss type of mortgage calculator, | | | | way you look at it, using your capital in |
| then things are not going so well, and your | | | | some form of investment account or as |
| investment is in jeopardy.Unless you allow | | | | prepayment against your mortgage, you are |
| the mortgage to go into too much arrears | | | | putting your money to work.A mortgage |
| before foreclosure, you should still make a | | | | calculator, specifically a prepayment versus |
| profit on it. By using a mortgage calculator | | | | investment calculator, will help you decide |
| that calculates many | | | | which method works most efficiently for your |
| | | | situation.Karen Kirby has over 25 years' |
| variables you can ensure that you don't lose | | | | experience in the computer industry, an MS in |
| too many months of interest and therefore | | | | Computer Science, and a BA in Honors English. |
| accrue less profit.If your investment does | | | | She has been helping people with Internet |
| pay off, however, should you continue to | | | | marketing since 1995. For more information on |
| invest your capital or prepay your | | | | mortgage calculators for investment and |
| mortgage?Figuring out whether to invest or to | | | | prepayment see -- be sure to get a free |
| pay down debts is tricky. A mortgage | | | | copy of the "Internet Marketer's Guide to |
| calculator can show you how much your monthly | | | | Free Traffic" at 2006 - Karen Kirby. |
| payments would change if you replaced several | | | | |