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When you’re buying a home, every dollar matters—but some costs are worth every penny. Typically, a home inspection costs between $300 and $500, and while it might feel like just…

Key Points PSLF Buyback processing can take 6 to 7 months, leaving many borrowers stuck in limbo. Borrowers fewer than 6 payments away from forgiveness may benefit more by switching…

When I first started Financial Samurai back in 2009, I had idealistic dreams of helping as many people as possible achieve financial freedom. My finances were crumbling during the global…

Key Points Borrowers enrolled in the SAVE repayment plan are experiencing unexpected interest accrual. Loan servicers like MOHELA have acknowledged the issue and assures that any improperly accrued interest will…

Key Points The SAVE repayment plan remains in legal limbo, and borrowers are in administrative forbearance while the court weighs its future. The reconciliation bill advancing in Congress would eliminate…

About once a month, I get an email or comment from a reader criticizing adjustable-rate mortgages (ARMs) as a poor financial choice. Since I’ve been a proponent of ARMs since…

Home loan repayments could be slashed by up to $700 a month if the Reserve Bank of Australia puts in a double cut on Tuesday, but a reprieve for homeowners…

Key Points Both the online and paper applications for income-driven repayment plans is available again after a temporary pause. The revised paper application no longer includes the Biden Administration’s SAVE…

Isabella Clark and Bailey Bergmans are saving for their first home in Melbourne’s east, despite rising costs and rental pressure. Picture: Brendan Beckett Isabella Clark and Bailey Bergmans are in…

A Roth IRA is one of the best ways to save for retirement, but it can also be used to save for college. A Roth IRA is one of the…