Posted in home repair

Home costs don’t stop at a down payment

If you’re saving for your first home, there’s no shortage of advice out there — some of it questionable, even if you do have an avocado toast habit. Still, it’s true that your down payment may be the biggest check you ever write.

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But once you move in, it’s also true that the cash tends to just keep flying out of your bank account like that money-with-wings emoji. If you drain your savings on closing day, you’ll have to delay furnishings or repairs, to say nothing of less-pressing cosmetic changes.

A sizable cash cushion makes the cost of owning a home more manageable. But even if you lack that cushion, it helps to at least know what to expect and what else you may need to finance or start saving for again. Here’s what I learned.

1. THINGS WILL BREAK

I’ve lost count of the handymen, electricians and

Read More
Continue Reading Home costs don’t stop at a down payment
Posted in home improvement

Millennial Money: Home costs don’t stop at a down payment

If you’re saving for your first home, there’s no shortage of advice out there — some of it questionable, even if you do have an avocado toast habit. Still, it’s true that your down payment may be the biggest check you ever write.

But once you move in, it’s also true that the cash tends to just keep flying out of your bank account like that money-with-wings emoji. If you drain your savings on closing day, you’ll have to delay furnishings or repairs, to say nothing of less-pressing cosmetic changes.


A sizable cash cushion makes the cost of owning a home more manageable. But even if you lack that cushion, it helps to at least know what to expect and what else you may need to finance or start saving for again. Here’s what I learned.



1. THINGS WILL BREAK

I’ve lost count of the handymen, electricians and plumbers who

Read More
Continue Reading Millennial Money: Home costs don’t stop at a down payment
Posted in improvements

County Bancorp, Inc. Observes Improvements in Status of Loan Payment Deferrals

Total loan balances under customer support relief program down 50% during the fiscal third quarter-to-date

MANITOWOC, Wis., Sept. 14, 2020 (GLOBE NEWSWIRE) — County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank (collectively “the Company”), today announced an improvement in customers under payment deferrals related to COVID-19.  

    September 11, 2020     June 30, 2020  
    Customers in payment deferral     Customers on interest only     Principal Balance     Customers in payment deferral     Customers on interest only     Principal Balance  
                    (dollars in millions)                     (dollars in millions)  
Agriculture     10       81     $ 77.6       9       83     $ 84.9  
Commercial     5       9     $ 23.1       35       54     $ 115.5  
     Total     15       90     $ 100.7       44       137     $ 200.4  

“In March, we evaluated the potential impact of COVID-19 on the communities we serve, and our team quickly mobilized to help our customers through this crisis,” said Tim Schneider, CEO of Investors Community Bank. “While we have a variety of capabilities

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Continue Reading County Bancorp, Inc. Observes Improvements in Status of Loan Payment Deferrals