Can I Claim My Canadian Student Loan Interest On My Us Taxes?

February 15th, 2010 at 06:45am Under Loans

I have Canadian (government) student loans (in Canadian dollars) which I am still paying back from my Canadian bank account whilst I live and work in the US. Can I claim my student loan interest on my US taxes?

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Can Student Loan Interest Be Used As A Tax Deduction If The Loans Are In Deferment/forbearance?

January 25th, 2010 at 06:45am Under Loans

I know that student loan interest can be deducted.
My student loans are all either in deferment or forbearance. I’m accruing interest on some of them, but I haven’t actually paid any interest yet. Can I deduct the interest that accrued?
Thanks!

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Can Student Loan Interest Be An Itemized Deduction On Your Taxes?

December 9th, 2009 at 06:52am Under Loans

The Student Loan Deduction allows you to deduct up to $2500. In 2007 I paid well over $2500 in interest and obviously want to take advantage of this.

By admin 4 comments

Is It Worth While To Do An Interest Only Loan When Refinancing Your Home?

December 8th, 2009 at 06:44am Under Loans

There’s a company that’s offering 1.5% APR interest only loan for anyone that has a credit score of 620 or above. They advised that if I take the $800 in savings and invest it, I can use the savings to pay off all of my outstanding debt. In 5 yrs after the loan is over we would do it again but because it’s interest only that I’m paying the amount of the new loan will be more than the original loan. We just need some professional advise.

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How Exactly Do ‘interest Only’ Mortgage Loans Work? When Do I Pay On The Principle Of Such A Loan?

October 22nd, 2009 at 06:50am Under Loans

I know APR loans are a bad idea, but how would an interest-only loan work? Would it still be a 30 year note, or do they extend the loan? Would I be able to get a fixed rate with an interest-only mortgage loan?

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What Is An Interest Only Loan And What Are The Benefits And Drawbacks?

September 25th, 2009 at 06:44am Under Loans

I was recently pre-qualified for a loan and the loan officer didn’t mention any other loan programs except for an FHA? I had to ask about the first time buyers program. I’m just wondering what are some other loan programs and where could I find out about them.

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What Are All Mortgages Loans For First Time Buyer? What Is The Current Interest Rate On Mortgages Loan?

September 24th, 2009 at 06:50am Under Loans

I am looking for some personal experience from the first time buyer.
Where is the best place to get mortgages loan?
Is there a federal mortgage loan?
I am looking to buy in the next few months and I need some one to guide me on loan and everything about home buying for the first time.

By admin 4 comments

If I Consolidate My Student Loan With A Personal Loan Can I Still Write Off The Interest?

September 16th, 2009 at 06:56am Under Loans

I had a federal student loan which I consolidated about 8 years ago to someone who eventually sold that loan to Citibank. I pay about 8.35% in interest. I am considering paying off that student loan with a personal loan where I can get a better interest rate. If I do this will I still be able to write off the interest I pay on my taxes?

By admin 1 comment


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