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 - N. Triphammer/Tops
2300 N. Triphammer Rd
Ithaca, NY
Alliance Bank Na Community Branch Locations Marathon Office
14 East Main Street
Marathon, NY
Alliance Bank NA - Community Branch Locations, Marathon Office
Marathon, NY
3944 State Route 281
Alliance Bank NA - Community Branch Locations- Marathon Office
14 East Main Street
Bank of America - Ithaca South
304 Elmira Rd
Ithaca, NY
Barry Scott Insurance
409 3rd Street
Ithaca, NY
Mid York Associates
4 Clinton St
Tully, NY
Guardian Loan Company of Massapequa Incorporated
1001 West Seneca Street
Alliance Bank NA - Community Branch Locations- Groton Avenue Office
1125 State Route 222

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