If you’re one of the rare financially-minded breeds, you likely keep an obsessively watchful eye on your finances. In terms of a monthly car or house payment that means not being content knowing only your monthly payment and term length, but also how to calculate those figures yourself.
The personal finance channel at Bright Hub wants to help you make the most of your dollar. From the basics of budgeting to how to use online technology to track your expenses, you’ll discover a wealth of articles devoted to helping you understand the ins and outs of growing your personal finance. A team of financial professionals and technical writers will provide FAQs and tips as well as honest and detailed software reviews of the latest personal finance and tax software programs such as Quicken and Turbo Tax.
When you make a series of monthly payments to pay back a car or home loan, a portion of the payment goes to interest and a portion pays down the principal balance.
An Explanation of Benefits or EOB is a document you’ll receive from your health insurance provider after processing a claim on your behalf. It is not a bill. Here we’ll walk you through a sample EOB.