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Understanding the Components of Your Monthly Mortgage Payment

November 13, 2024 by Robby Oakes

If you’re new to homeownership, you might be wondering exactly what makes up the mortgage payment you’re sending each month. Beyond just the loan amount itself, there are several different components that all factor into your monthly mortgage payment.

Filed Under: Mortgage Tagged With: Home Buyers, Mortgage Payment, Mortgage Tips

Planning Your Mortgage Budget for the Holiday Season

November 1, 2023 by Robby Oakes Leave a Comment

The holiday season is a time of joy and celebration, but it can also be a challenging time for your finances, especially if you’re juggling the responsibilities of a mortgage. However, with some thoughtful planning and budgeting, you can ensure that you enjoy the festivities without putting your financial stability at risk.  I will provide […]

Filed Under: Budget, Home Tips Tagged With: Holiday Savings, Mortgage Payment, Sales, Savings

Most Renters Are Paying Far More Than Their Landlord’s Mortgage

June 6, 2023 by Robby Oakes

It is not uncommon for renters to pay more in rent than their landlord’s mortgage payment. This is because landlords are typically looking to make a profit on their rental properties, and they will often set their rent prices based on market rates rather than the cost of their mortgage.

Filed Under: Mortgage Tagged With: Mortgage, Mortgage Payment, Renting

House Poor: What It Means And How To Avoid It

January 12, 2023 by Robby Oakes

There is a good chance you have heard someone described as being house poor. What exactly does it mean? It is important to understand what it means to be house poor and how you can stay away from it.

Filed Under: Mortgage Tagged With: finance, Mortgage, Mortgage Payment

The Top Reasons To Pay Off Your Mortgage Before You Retire

November 3, 2022 by Robby Oakes

As you get closer to your retirement age, you should try to discharge as much of your debt as possible. Unfortunately, many people close to the age of retirement still have a significant mortgage balance they need to pay off. What are some of the top reasons why you should pay off your mortgage before you retire?

Filed Under: Mortgage Tagged With: Mortgage, Mortgage Payment, Retirement

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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