If you’re about to buy a house, you’ll also need to purchase a home
insurance policy that can help protect you financially from the loss of
your house and belongings in the event of a destructive incident like a
fire. And before you shop for an insurance policy, you’ll have to find
out how much coverage you need.
Your home mortgage is probably your single largest monthly expenditure.
Most people look at that payment as a fact of life -- you need a place
to live, after all. Have you ever considered, however, paying off your
home loan? Most home mortgage plans allow for prepayment, and there are
many good reasons to do so.