How to Prepay Your Mortgage Binghamton 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

Citizens Bank - Binghamton / Main
607-723-5391
84 Court Street
Binghamton, NY
Consumer Marketing Services Inc
(607)724-5221
20 Hawley Street Suite 800e
Binghamton, NY
Nbt Bank For Customer Service And Account Information Offices
(607)642-3550
2 North Main Street
Newark Valley, NY
Robar General Funding
(607)779-1180
19 Chenango
BINGHAMTON, NY
Farrell Realty USA Com
(607)754-4040
3660 George F Highway
ENDICOTT, NY
HSBC Bank
1.800.975.HSBC (4722)
University Plaza 4700 Vestal Pkwy E
Vestal, NY
Citizens Bank - Vestal Parkway / Wal-Mart
607-729-6946
2405 Parkway E
Vestal, NY
Four Corners Abstract
(607)772-6976
71 State Street
Binghamton, NY
CBI Inc
607-757-2342
Endicott, NY
HCI Mortgage
(607)693-1837
236 Nabinger Hill Road
HARPURSVILLE, NY

Related Articles
- How to Compare Mortgage Programs Binghamton 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.
- Flexible Mortgage For Self Employed Binghamton NY
- How to Understand a N.I.N.J.A. Mortgage Binghamton NY
- How to Follow the Mortgage Accelerator Plus Program Binghamton NY
- How to Talk to Mortgage Lenders Binghamton NY
- Green Mortgages Binghamton NY
- Real Estate Note Binghamton NY
- How to Choose a Mortgage Broker Binghamton NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Binghamton NY
- Advantages and Disadvantages of Refinancing Binghamton NY