How to Prepay Your Mortgage Bay Shore NY

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.

Local Companies

Washington Mutualfinancial Center
(631)422-9054
375 Deer Park Ave
Babylon, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
Aapex Mortgage
631-580-1063
Holbrook, NY
Guaranty Residential Lending
(631)293-6812
534 Broadhollow Road
MELVILLE, NY
TD Bank
(631) 427-0223
1040 Jericho Turnpike
Huntington Station, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
All County Mortgage Corporation
516-679-2750
Wantagh, NY
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