Tag: EPR
Net after tax cost of borrowing
In Todd Ballenger’s book “Borrow Smart Retire Rich” he trademarks the term ‘EPR’ which stands for Effective Percentage Rate. This concept it important in making decisions regarding how much a homeowner should borrow. Here is a simple explanation: 1) First, it’s important to understand that most homeowner’s are able to deduct the interest that they [...]
Posted: October 1st, 2008 under General Mortgage Info., Home Purchase, Personal Finance, Taxes.
Tags: EPR, net after tax cost of borrowing, tax deduction
Comments: 4