How to Prepay Your Mortgage Bayside 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

Bank of America - 31st Street
800.432.1000
3109 Bergenline Ave
Union City, NJ
Portfolio Mortgage Co Inc
(201)498-1177
75 Essex Street Suite 100
Hackensack, NJ
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Mortgage One
(516)679-2750
3353 Park Avenue
WANTAGH, NY
Citizens Bank - Freeport SS
516-223-6322
248 East Sunrise Highway
Freeport, NY
Chase Bank
(914) 251-3302
2900 Westchester Avenue
Purchase, NY
Gross And Co Llc Insurance
(212)620-4040
330 7th Avenue
New York, NY
Jared Cutler
611 Pondside Drive
White Plains, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Data Provided by:
      

Related Articles
- Advantages and Disadvantages of Refinancing Bayside NY
Refinancing your mortgage is when you get a new mortgage loan out and use the money from the new loan to pay off your old mortgage loan. In some cases refinancing home loan options are a good idea, and in some cases, refinancing your home loan is not such a good idea. Sometimes, refinancing your mortgage may cost you more money in the long run.
- How to Avoid Foreclosure by Knowing Your Mortgage Type Bayside NY
- How to Choose a Mortgage Broker Bayside NY
- Green Mortgages Bayside NY
- Flexible Mortgage For Self Employed Bayside NY
- How to Follow the Mortgage Accelerator Plus Program Bayside NY
- How to Understand a N.I.N.J.A. Mortgage Bayside NY
- Real Estate Note Bayside NY
- How to Compare Mortgage Programs Bayside NY
- How to Talk to Mortgage Lenders Bayside NY