What To Do With Your Saved Cash – Lower Your Interest and Increase the Value of Your HomeArticle Posted by Expert Author: adminhmc adminhmc on 06/14/2013
If you've recently refinanced your home or are using a home mortgage calculator and planning to do so then you may be the in enviable position of wondering how to spend the money you're saving every month. This is obviously quite a great situation to be in, but what's truly amazing about it is that if you play your cards right, you can really stretch the value. One great option is to remodel your home. If you do so wisely, then you can actually increase the value of your home. The result? You save money every month on your mortgage, you pay less interest over the lifetime of your loan and your home is worth even more.
There are typically two areas of the home that will give the best return on an investment: the kitchen and the master bathroom. Most homeowners want a large, open, modern kitchen. His and her sinks are a must for a luxurious master bathroom and a separate bath and shower are always a favorite. Another way to instantly increase the value of your home is by adding an additional bedroom or bathroom. These can be costlier additions to are often well worth it. By utilizing a mortgage interest rate calculator you can determine the best scenario financially.
Article Posted In: Mortgage 411
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