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The pros of paying off debt on your house is that it will be paid for and you will not have to worry about the monthly payments and you can use that money to pay for other things. The cons of paying off your home debt is that you can't write that amount off on your taxes. If you are paying interest a lot of that is tax deductible come tax season.
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What are some of the pros and cons of debt consolidation?
Some pros of debt consolidation are avoiding late fees, and extra charges from having high credit score. Some cons include higher interest rates for other loans or taking more time to pay off your debt for good.
What are some pros and cons of the United States national debt?
Pro: The Nation will be debt free. Con: The National debt right now (2010) is 14,000,000,000,000 which is a lot of money to pay off and the nation might go broke.
What are the Sd pros and cons?
just f off
What are the pros and cons of off-shore drilling?
Pros of offshore drilling are lower prices and increased domestic production. Cons of offshore drilling are carbon emissions and environmental hazards.
Is a Pantech matrix a good phone?
I will give some pros and cons about it (pros are good cons are bad) Pros: good for texting good camera ok battery life dual slider (which is awesome) Cons: horrible amount of storage turns off randomly
What are the pros and cons about moderate absorbency pads?
Pros: helps stop blood from leaking in your pants sometimes Cons: may sometimes get an odor if you go to school not very fast to put on and off some times
What exactly is a reverse home loan and what are the pros and cons?
There seem to be more pros or cons to a reverse mortgage, which is what this refers to. Basically, it lets you remain in your home while paying off your mortgage so you have no more monthly bill, Plus, your heirs still get to inherit your house and there are tax breaks. Cons - some fees and it could impact your ability to qualify for govt. assistance although not your SS or Medicare eligibility.
Hat are the pros and cons of planned economy?
the cons would be you pay more taxes,could have money inflation, may have a bad ruler the pros will be: taxes would pay off education,health care,social programs
What are the pros and cons of investing in high yield bonds?
The pros of having high yield bonds are that you can make a lot of money off of the interest if the company does well. The cons are that there is no way of predicting the outcome, and it takes a lot of money to start.
What are the pros and cons of bankruptcy refinancing?
The pros to refinancing in bankruptcy are: You can refinance your home and pay off your trustees if you have enough equity in your home. You can save money each month and start rebuilding your credit. Cons: you'll need to wait untill your 37th month of bankruptcy if you don't want to be held responsible for the unsecured debt that you filed for. Interest rates will be higher and you may have trouble finding a lender.
What are the pros and cons of the gasteric bypass diet.?
Pros- You will effectively keep the weight off you follow the plan faithfully. Cons - Red meats are usually not tolerated well, often the patient becomes lactose intolerant and sugar often can not be tolerated.
Solar energy pros and cons?
Pros: Renewable, clean, reduces electricity bills, low maintenance. Cons: Initial investment is high, intermittent availability depending on weather, energy storage required for continuous supply, impact on wildlife and ecosystem if improperly managed.
