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Looking to Buy or Refinance Your Home? An Online Mortgage Calculator With Taxes Can Help

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If you want to purchase a new house, one of the first things you need to know is how much it will cost you and if you are able to afford it or not. If you don’t make sure of it and go for purchasing the house, you may end up regretting it big time in the future. So how should all the complicated calculations be done for you? Well, the good news is you can benefit from using an online mortgage calculator with taxes. This kind of calculator will calculate everything for you including interest rate, principal, insurance and taxes. So if you want to learn about online mortgage calculator with taxes, please keep reading since in this article were going to introduce it to you.

An online home loan calculator is a very nifty and useful tool for both the borrower and the realtor in order for them to be able to enter the needed information and mix and match to get the results they want. When you get a mortgage, of course you will need to pay its monthly payments to the lender which can last for several years. A fraction of the monthly repayment is reserved for any repayment of a piece of the initial loan principal and other part is reserved for the payment of a charge on the interest for a certain rate. There is also an insurance for the homeowner which the lender asks you to possess. Of course we can not forget about the government since it is going to subject you to some texts on your property.

For the insurance and taxes to be put into one payment, an escrow company will manage this operation. So in this case if you use a mortgage calculator, you will be able to exactly know what kind of payments you will have to pay throughout the whole term of the loan and if you are able to pay them or not. You can also learn about insurance and taxes.

Since doing all the complicated calculations of a home loan is a very time-consuming process, being able to speed it up by a proper home loan calculator is what makes it so great. We can change the entered information in the calculator and get different results, this will be resulted in you being able to try out different options with different variables to be able to find the one option which is best for you. There’s no way you can do all of this manually.

An online home loan calculator can also help people who want to refinance their houses. So if you’re one of these people and you want to check out how much money you can save on your monthly payments, you just need to input the amount of the loan together with the wanted lower rate of interest. After this, a number will be given to you which will let you know if your savings are enough for the refinancing charges.

Using an online home loan calculator is such an easy thing which anyone can do, it doesn’t need a lot of informations, you just need to be familiar with the related words and terms of home loans. In the following, you can see what exactly a home loan calculator can help you with:

1. You can learn how much your mortgage payments will be each month which are based on interest rates, you can also calculate the whole amount of the loan.

2. If you want to be able to pay off your whole mortgage quicker, you can calculate what additional payments you can make to achieve this goal.

3. By providing your income information and personal debt, you can learn what kind of a house you can get based on its price.

4. Buy utilizing interest rates and learning on time scales, you will be able to analyze how much more you’ll be able to borrow and if you will be able to pay them off or not.

5. You can learn about a lot of different interest rates of different mortgage loans.

One of the best things about home loan calculators is how easy it is to find them. You can find them on most of loan company’s websites and they are always free to use. So there is not any reason you shouldn’t take advantage of this great and nifty tool.

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Did Turkey’s President Say “We Are In A War Against Bitcoin”? An Investigation

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War against Bitcoin, people with Turkish flags

Is President Erdogan so out of touch with what’s happening around him that he declared war against Bitcoin? Or is this a case of “lost in translation” and quotes out of context? An article titled “We are in a war against bitcoin,” says Turkey’s president” has been making the rounds over at Bitcoin-Twitter, receiving both mockery and rightful criticism. However, we noticed a crucial detail: the article doesn’t contain a direct quote from Erdogan. That’s suspect.

Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course

Armed with an iron will and Google Translate, NewsBTC explored the issue and came to unexpected conclusions. 

Let’s fall into the rabbit hole.

Is It War Against Bitcoin Or War Against Cryptocurrencies? 

The original article cited a mainstream and generally trusted source, an article in Turkish at Bloomberght titled “Erdogan: We have a separate war against cryptocurrencies.” Reportedly, the president held a Youth Meeting Program, so his audience for this was students from all over the country. They were discussing the Digital Turkish Lira, the country’s proposed CBDC, and one of the participants asked about their current views on cryptocurrencies:

“Erdoğan said that they do not have a problem of opening up to crypto money, on the contrary, they have a separate war and struggle against them.

Erdogan said, “We will not give them such a premium, nor will we. Because we will continue on our way with our money, which is our fundamental identity in this matter.”

He never even mentions a war against Bitcoin. Remember, this is a Google translation and some info might’ve been lost. However, the discrepancies are there. The President says they “do not have a problem” with crypto, but that “on the contrary, they have a separate war and struggle against them.” On the contrary to what? And do notice, it’s not a direct quote either. In the actual Erdogan quote, he says nothing about a war against Bitcoin.

We need more data. Let’s consult other sources.

What Did President Erdogan Say Exactly?

A quick search leads us to The New Arab. They don’t quote the President directly, but their translation makes much clearer the intent of what he said:

“Erdogan claimed that the country “definitely” doesn’t have a problem with the spread of digital assets.     

However, that Turkey would carry on with its own money, which he believes is part of the national identity.”

They don’t have a problem with the spread of digital assets because they’re preparing their CBDC, and their way to sell it is that money is “part of the national identity.” Got it. But, what about this war against Bitcoin thing?

A second search leads us to Newsbit, who seemingly quote a much more clear-headed President Erdogan directly:

“We have absolutely no intention of embracing cryptocurrencies,” the president replied, adding: “On the contrary, we have a war against them. We would never support cryptocurrencies. Because we continue with our own currency that has its own identity.”

Ok, now we know that Erdogan never said anything about a war against Bitcoin and always referred to cryptocurrencies. And that, in code, he was always talking about the Digital Turkish Lira. However, did he really say all that? That quote seems suspiciously close to the original Bloomberg quote, and that one wasn’t literal. If the President said everything that clearly, why wouldn’t Bloomberg quote him?

BTC price chart for 09/20/2021 on Exmo | Source: BTC/USD on TradingView.com

Time To Consult Primary Sources

Luckily for us, Newsbit linked to the Anadolu Agency, a Turkish state-run news agency. This is as close to primary sources as we’re going to get. A report on the whole event that only casually mentions cryptocurrencies at the end. Is the quote present in that report? What did President Erdogan say exactly? Well, according to the Anadolu Agency:

“Erdoğan said that they do not have a problem of opening up to crypto money, on the contrary, they have a separate war and struggle against them.

Erdogan said, “We will not give them such a premium, nor will we. Because we will continue on our way with our money, which is our fundamental identity in this matter.”

Related Reading | Turkey’s Economic Turmoil Shows Bitcoin Is a Better Bet Than Emerging Markets

That’s right! The same exact quote with the same exact wording that Bloomberg used at the beginning. So, Bloomberg literally copied and pasted their article. And Newsbit’s supposed quote is just a rewording of that phrase. We don’t know exactly what President Erdogan said, but at least his intention is clear: Yes to his CBDC. War on cryptocurrencies. And we know for sure he never said anything about a war against Bitcoin.

Cryptocurrencies and Bitcoin are not synonymous, journalists.

Featured Image by Faruk Melik ÇEVİK on Unsplash - Charts by TradingView

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With Bitfinex Integration, Can the Bulls Drive the Price for Polygon (MATIC)?

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With Bitfinex Integration, Can the Bulls Drive the Price for Polygon (MATIC)?
  • Twitter’s Altcoin Sherpa endorsed MATIC.
  • Polygon said MATIC token would soon be available on Bitfinex.

Since the market sell-off on September 7, MATIC has been attempting to regain its initial bullish momentum. Although lower highs outlined its positive trend, traders were unable to maintain prices.

Its recent rise from $1.20 may be beneficial if another higher high forms. Bulls would lose out if the market closed below the 23.6 percent Fibonacci threshold. According to CoinMarketCap,  Polygon price is $1.19 USD with a 24-hour trading volume of $1,143,929,659 USD.

Closing over $1.50 would have solidified an uptrend, but that wasn’t the case yet. A pair of red candlesticks on the charts signalled the end of MATIC’s next upcycle.

While MATIC’s trend is perplexing, the signs have improved. On September 15, the RSI climbed above the half-line and briefly into the overbought zone, indicating a bullish rebound. Bulls held sway as the RSI found support around the mid-line.

A Positive Trend Maybe Anticipated

Twitter’s Altcoin Sherpa endorsed MATIC. Despite the token’s current consolidation, prediction is of significant increases in the following run. As per the tweet, it expects MATIC to hit $1.75 on the next leg up.

MATIC was trying to build an uptrend following a double top formation, but market watchers were sceptical. The bulls had an advantage in each case, and a win is not out of the question. A positive trend may be anticipated if MATIC rebounds back from the 38.2% Fibonacci level and reaches $1.50.

Polygon just tweeted that MATIC token would soon be available on Bitfinex. It’s one of the oldest and most reputed liquid exchanges.

Thanks to Bitfinex’s integration, users will access MATIC on all major exchanges, including Coinbase and Binance. Also, it can act as a catalyst to bring back the lost momentum for MATIC.

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SushiSwap Fails to Break Major Resistance Area, Can it Break-Through?

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SushiSwap Fails to Break Major Resistance Area, Can it Break-Through?