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