Lorraine Roberte

The Car Loan Hack: How a New Tax Law Could Let You Deduct $10,000 in Interest

The No Tax on Car Loan Interest deduction lets eligible buyers deduct up to $10,000 in auto loan interest per year through the 2028 tax year. Most borrowers will save a few hundred to a few thousand dollars over the life of their loan, depending on their income, tax bracket, and loan size.

Debt Consolidation Loans Are at Record Highs—Should You Get One?

A debt consolidation loan can lower your interest costs and simplify repayment, but only if you consolidate the right debts at the right rate. Whether it's worth it depends on your APRs, repayment terms, and ability to stick to a budget.

12M Loans Qualify for a Mortgage Assumption: Here’s How to Inherit a 3% Rate

A low mortgage rate can feel like a thing of the past, unless you can take over one that already exists. That’s the appeal of an assumable mortgage. Instead of applying for a brand new loan at today’s rates, a buyer may be able to step into the seller’s existing mortgage, including its lower interest rate and remaining loan terms.

Zero Down Payment Home Loans: How to Buy a House With No Money Down

Zero-down home loans let you finance 100% of a home's purchase price, but closing costs, higher interest, and cash reserve requirements still apply. Choose the right loan type for your situation and make sure you can cover the costs that come after closing.

Lorraine Roberte

Debt and Mortgage Expert

Posts by Lorraine Roberte

The Car Loan Hack: How a New Tax Law Could Let You Deduct $10,000 in Interest

Debt Consolidation Loans Are at Record Highs—Should You Get One?

12M Loans Qualify for a Mortgage Assumption: Here’s How to Inherit a 3% Rate

Zero Down Payment Home Loans: How to Buy a House With No Money Down