When looking for a debt consolidation loan when you already have a home, comparing and negotiating may save you thousands of dollars.
You can get a housing loan
Lenders

* Savings
* Banks
* Mortgage Companies
* Credit Unions

Prices vary from one lender to another, so to get the best price you negotiate with several lenders.
Mortgage Brokers

A mortgage broker can also get a loan. Do not lend money directly but you are looking for a lender to drop you money.

A broker gives you the opportunity to choose among several options, as it comes in contact with several lenders, giving you a choice of various conditions for picking the best option for you.

You should contact more than a runner, besides going to several banks and savings banks.
Fees for housing loans

A home loan involves many fees, but these fees are negotiable. Each lender or broker should give you an estimate of fees in advance and you also find out the details of each fee.

Some fees are paid when you apply for the loan (such as pricing), and others are paid at the end. You can include these costs in the loan, but it will increase the loan amount and total cost.

Once you have several offers, deals with that most interests you.

* Calculate the total amount of your debt: The first thing you should do to get rid of your debt is to admit that you are in debt, and be willing to get rid of them. Carefully calculated the total amount of money you owe. Get rid of debt first with higher interest rates, this will help you save big money. ” It is very difficult to solve your problems if you’re not clear about your financial situation.
* Calculate your cat and prevents add a single euro to the amount you owe: It’s time you stop wasting money so you have to change your habits when it comes to spending. Watch carefully how much you earn and your basic expenses and try to reduce costs as much as possible. All this means a change in your lifestyle. Avoid by all means not even one euro add to your already overwhelming debt, for example, use a debit card instead of a credit card so that you can use the card only if you have money on your account.
* Squeeze any extra money and accelerate your debt payments: Cut your lifestyle and use any extra money you get to clear your debts faster. Deletes a growing debt, get rid of the one with the highest interest rates first, thus saving much money.
* Choose the most appropriate method to settle your debts: There are several options to solve your debt, but select the most appropriate choice is as important as a wrong step can ruin your future. The choice of method to solve your debts must depend, ideally, the type and amount of debt you have.
* Choose the right company: Companies with debt consolidation are springing up like mushrooms in Spain, so it is very important that you seek help to solve your debts in a proper company.
* Eliminate your credit cards: once you’ve finished paying the debts of a credit card account canceled immediately. Leave credit cards at home to avoid the temptation to use them. Never pay the debts of a credit card with another, as it has some disadvantages. Each credit card is a source of potential liabilities. Keep in mind that introductory offers can be very tempting but not so good after a certain period of time.
* Be careful with your mortgage interest: Interest on mortgage loans are much lower compared to the interest charged by credit card debts. In addition, mortgage interest is deductible, so many people use money from their mortgages, however, if the money were used to pay credit card debt, debt re-shoot.
* Hire professional help: For some spending money is a psychological problem, it can be a habit or an addiction like alcohol, gambling or drugs. Social problems like divorce and job loss or unavoidable emergencies like disease can also be a cause in such cases it is advisable to seek professional financial advice.

If you follow the suggestions above will get consistently successful economic performance in the future. Look at your present situation as a learning experience and that will free you from your debts soon.

There comes the time we decided to become independent. Empowerment is another step in personal development because everyone needs sooner or later, of their own space.

In Spain, unlike other countries in northern Europe or America, has always clearly dominated the culture of home ownership versus rental property. But …
Is it always better to buy a home? When renting is right for me?

It is clear that fundamentally, the act of buying or renting housing will depend on costs. And within them, separating the initial operation to make the purchase or lease, and the totals given the long-term horizon.
Initial costs

From the standpoint of the initial costs, the rent is more affordable. Costs often exist only as a liability insurance or bond, offset the high initial costs involved in purchasing: notary, registration, VAT, taxation, etc. For this reason, the rent is a good choice for easy access to a first home at the time of emancipation.
Total costs in the long term

As for the long-term total costs, may become a factor by which we decide for a more appropriate rental or purchase. We may add the mortgage payments with their initial costs and other expenses and compare the cost of rent for life. But this is not the primary factor.
The level of interest rates

In the situation that has historically occurred in Spain, buying was more profitable than renting, because although it involves more than the purchase cost (higher monthly fee, the homeowners association, taxes, maintenance …), the high rates of growth of house prices made the brick property was the best investment. Therefore, the key to deciding whether to rent or buy a home, would know the performance of existing investment opportunities and the cost of borrowing, ie the level of interest rates.
Example if it is better to rent a home or buy

For example, if you rent a house for 200 € / month for 30 years, I will have paid at the end 72.000 €.

Depending on the rate of growth of house prices, my heritage within 30 years, in the case of acquiring the property, the greater or lesser than if he had rented.

If the average growth rate of housing in a 2% per year, in 30 years my house (bought for € 150,000) worth € 271,704. The odds that I have been paying € 752 per month, totaling € 519,000 to finish paying the mortgage, at age 30.

If he had rented, I have left over each month from 752 to 200 = 552 €, that investing in the fund at 5% I had reported € 454,407. As the costs of hiring in 30 years is 72,000, the net result of 30 years of my heritage is an increase of 382,000 €, while shopping, my heritage at age 30 added 271. 704 to 519,000 = -247,000 €!

This is an extreme case, but it serves to understand that if market interests (investments and loans) are greater than the rate of growth of housing prices, what we do year after year is losing money, because what we pay in interest on housing and what we receive in investments far outweigh the increase in home values.

Still, there are cases where the rent could not agree more for other reasons. As mentioned earlier, the initial outlay is more affordable: insurance against bond and notary fees, registration, etc.. Furthermore, the rent increase the mobility and we can live closer to work, saving on transportation and gaining in quality of life (eg in areas where we can not afford the high price). And the monthly costs are also lower: usually lower fees than buying, do not pay the share of the community or the annual tax, and therefore not compromise our future revenue, because the rent is usually short and medium term. It is faster to find a rental house that a buy. And there are a number of incentives and state subsidies for access to a car. If our financial situation is not very comfortable, rent will be a more convenient way to access housing.
Conclusion

In short, we can say that buying a home is better than renting when the rate of growth of house prices is greater than the yield we can get with other investments, and greater than the costs that we pay for the mortgage. However, the most common situation that has occurred is the opposite: that the interest on loans and income from other investments not reach the growth levels of housing prices, so shopping was better from the point of economically.