How to Prepay Your Mortgage Cortland 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 - Cortland / Tops
607-756-2436
3932 State Rt 281
Cortland, NY
Alliance Bank Na - Account Information Customer Service, Main Office, Main Street Office
607-756-2831
Cortland, NY
Tompkins Trust Company
(607)273-3210
The Commons
DRYDEN, NY
American General Financial Services
(607)753-3758
3908 State Route 281
CORTLAND, NY
Alliance Bank NA - Community Branch Locations- Account Information Customer Service- Main Of
(607)756-2831
65 Main Street
CORTLAND, NY
Bank of America - Ithaca South
607.272.2407
304 Elmira Rd
Ithaca, NY
Bank of America - Groton Avenue
800.432.1000
1094 Hwy 222
Cortland, NY
Alliance Bank NA - Community Branch Locations, Marathon Office
607-849-3275
Marathon, NY
Fleet Private Clients Group
(800)266-3085
304 Elmira Road
ITHACA, NY
Alliance Bank NA - Community Branch Locations- Groton Avenue Office
(607)753-3391
1125 State Route 222
CORTLAND, NY