Author : Kenneth H Franco-Hernandez
Publisher : Kenneth H. Franco-Hernandez
ISBN 13 : 9781732286603
Total Pages : 54 pages
Book Rating : 4.2/5 (866 download)
Book Synopsis Optimal Down Payment by : Kenneth H Franco-Hernandez
Download or read book Optimal Down Payment written by Kenneth H Franco-Hernandez and published by Kenneth H. Franco-Hernandez. This book was released on 2018-06-22 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Optimal Down Payment" is the first book solely dedicated to helping millions of consumers (both home and investment buyers) determine an optimal down payment on a real estate purchase based on a new and innovative economic theory called the "Long-Term Home Loan Cost and Risk Minimization Model." After reading this book, readers will learn how to: 1) Determine an affordable home price; 2) Calculate an ideal down payment for a fixed-rate mortgage loan, which maximizes long-term interest-cost savings with the least financial risk; and 3) Develop a low-risk plan for paying off a mortgage early without necessarily having to make additional monthly payments to a mortgage bill. This book is short and concise to help busy home buyers make a well-informed borrowing decision in a short time frame. What's more, it offers great learning material for students studying economics and finance; and professors looking to connect abstract economic concepts to real life applications. The Long-Term Home Loan Cost and Risk Minimization Model was first written and unveiled in this book and is intended to pave a path for greater consumer empowerment.