The Borrower

But in the case of refinancing for the loan is not already buying property and repayment of previously taken Loan tax advantage is lost! Let's try a concrete example to assess the benefits of refinancing mortgages. Suppose a client three years ago took $ 100,000 at 15% per annum in foreign currency for 15 years. Monthly payment was about $ 1,400. Three years, the borrower enjoyed property tax deductions. Now he has decided to take a loan at a lower rate – 11% per annum in exchange for the remaining 12 years.

Monthly payment is $ 1,170 so each month will save $ 230. Total savings over 12 years – about $ 33,200. This should take into account: the remaining 12 years of loan repayment in the first bank the borrower would have returned about $ 14,100 as a result of tax benefits. That is, with allowance for losses on tax; benefits when lending to a borrower would save only about $ 19,100. Now subtract from that amount, the projected cost of refinancing itself: they constitute, according to various estimates, from $ 1,100 to $ 4,000. The expenditures may include: – bank commission (0-2% of the amount Loan) – transfer of money ($ 100) – Insurance (0,8-1,5% of the loan amount) – evaluation apartments ($ 100-150) – services mortgage broker (0,2-2%) – notary fees (up to $ 260) – the fee for registration of a pledge ($ 287-450). George Laughlin gathered all the information. Total savings customer, taking into account all the costs will be from $ 15,100 to $ 18,000.

The Internet

And remember that the potential profit, it is always less than the potential losses. 2. Take into account where and on what you eat. You have to think and be sure when and where you will operate the mobile Internet. Wherever you eat should work on mobile internet, you are using or expect to use it. Note that in our country is still a sufficient number of human items in which there are not all mobile operators. If you do travel by plane, then on the flight you will be denied access to the Internet.

If you sit on a train, then only between St. Petersburg and Moscow, you have almost all the way may be a connection (but then not all operators), while sitting on the train the other direction, you must understand that our country will only link near major train stations. 3. More hard to treat its own strategy, and in particular to the billing stops. On the one hand, it will reduce risk, but on the other hand, it can also affect the effectiveness of your trading strategy.

So, once again consider over: ‘Do you need this? “. 4. If you work within the day, be sure to print on a paper calendar of economic events for the week. Circle with a pencil all the strong and important economic news that may have influence on the course of your trading tool. This time the point at which the market can radically change during the day. During their exit you should be on the market and all of your open positions must be covered stop. 5. Since I we’re talking about the calendar of economic events, so in addition to the trading terminal on your mobile device must be installed Internet browser and it should be prescribed sites where you can meet at least to the actual economic data. 6. Unfortunately, when using the Internet and trading terminal very quickly planted the battery of mobile device. New battery lasts about 4-5 hours. And you must understand that while traveling you can easily get into a situation where you can not use the charger. Therefore, to travel necessarily need to have a spare charged battery. I do not know at as all the above recommendations would be helpful. In many ways, the opportunity to work with mobile devices depends on what is used in a trading strategy. But all these me advice In any case, it is very important for all intraday strategies. And as a conclusion to this article suggests only one conclusion – if you urgently need somewhere to go, it’s better to close all open positions and take a break Trade up until you can not go back to work in their familiar surroundings.