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

Barry Scott Insurance
(607)273-8564
409 3rd Street
Ithaca, NY
Alliance Bank NA - Community Branch Locations, Marathon Office
607-849-3275
Marathon, NY
M & T Bank - M & T Mortgage Corporation
(607)273-7111
118 North Tioga Street
ITHACA, NY
Cfcu Community Credit Union
(607)756-6959
Po Box 149
CORTLAND, NY
Cfcu Community Credit Union
(607) 257-8500
1030 Craft Rd
Ithaca, NY
Bank of America - Ithaca Commons
607.274.4860
202 the Commons
Ithaca, NY
Real Estate Services
(607)277-8855
204 Cornell Street
Ithaca, NY
Tompkins Trust Company
(607)273-3210
The Commons
DRYDEN, NY
First National Bank Of Groton
(607)898-5871
161 Main
GROTON, NY
Alliance Bank NA
(315)696-6333
5789 State Route 80
TULLY, NY

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