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1500 Search Results

1500 Search Results

I Make $70,000 a Year, How Much House Can I Afford?

I Make $70,000 a Year, How Much House Can I Afford?

https://www.sofi.com/learn/content/i-make-70k-a-year-how-much-house-can-i-afford/

…an additional $4,000 to $6,000 on hand for closing costs. Example #1: Saver with a Down Payment Gross annual income: $70,000 Down payment: $21,000 Monthly debt: $250 Home budget: $210,000…


ETF Tax Efficiency: Advantages Over Mutual Funds

ETF Tax Efficiency: Advantages Over Mutual Funds

https://www.sofi.com/learn/content/etf-tax-efficiency/

…of the returns. The average annual 10-year return for the benchmark SPDR S&P 500 ETF stands at above 14% at the end of 2020. (That said, as always past performance…


13 Funding Options for Startups in 2025

13 Funding Options for Startups in 2025

https://www.sofi.com/learn/content/startup-funding-options/

…three $10,000 grants to women-owned small businesses every month. •  Street Shares Foundation: This group awards three grants between $4,000 and $15,000 to startups or small businesses owned by veterans or…


Can a Roth IRA Be Used for College Expenses?

Can a Roth IRA Be Used for College Expenses?

https://www.sofi.com/learn/content/can-a-roth-ira-be-used-for-college/

…50 or older), and in 2024 you can contribute up to $7,000 ($8,000 for those 50 or older). How much you’ve contributed will affect how much you have in contributions…


Mortgage Interest Deduction Explained

Mortgage Interest Deduction Explained

https://www.sofi.com/learn/content/mortgage-interest-deduction/

…debt meets the limits. According to the Internal Revenue Service, you can deduct home mortgage interest on the first $750,000 ($375,000 if married filing separately) of debt. Higher limitations ($1…


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