How to Compare Mortgage Programs New York NY

To compare mortgage programs you need to look at the APR. What is an Annual Percentage Rate (APR)? The annual percentage rate (APR) is an interest rate that is different from the note rate. It is commonly used to compare loan programs from different lenders. The Federal Truth in Lending law requires mortgage companies to disclose the APR when they advertise a rate.

Local Companies

Bank of America - Flushing
14161 Northern Blvd
Flushing, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Salim George Salloum (RFC®), MBA
937 389 9593
35 Teak Rd
Wayne, NJ
SLH Mortgage & Financial
114 Old Country Road
Equity Loans Llc
(732) 455-8322
603 Us Highway 22 Ste B
Hillside, NJ
Bank of America - Woodlawn Heights
4361 Katonah Ave
Bronx, NY
Allstate Insurance Greg J Smerechniak
89 N Park Ave
Rockville Centre, NY
Ronald Mazzarella (RFC®), CHFC, CLU
973 994 9100
293 Eisenhower Parkway Suite 255
Livingston, NJ
Allstate Insurance Madhavan Nair Chfc
1166 St George Ave
Avenel, NJ
Metropolitan Advisory Group
3712 23rd Avenue
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Over the course of a 30-year mortgage, you may end up paying more than twice the amount of your principal. The rest goes towards paying interest. That interest is money in the bank's pocket, not in your bank account. Prepaying your mortgage is paying extra principal, especially during the early years of your loan, meaning that your house will be paid off that much sooner, and you will pay less total interest over the life of the loan. It could put you that much closer to retirement.
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