How to Prepay Your Mortgage East Setauket 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

Enterprise Abstract Services
(631)249-6160
3 Huntington Quad
Melville, NY
Allstate Insurance Sue Bohrerbraun
(631)732-8700
910 Middle Country Road
Selden, NY
JOSEPH CONBOY
P. O. BOX 449
SHOREHAM, NY
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
A-1 Mortgages-Real Estate Mortages
(800)499-1195
6001 C Jericho Turn Pike
COMMACK, NY
Bank of America - LI McArthur
800.432.1000
4400 Veterans Memorial Highway
Holbrook, NY
Rvision
(516)744-7404
37 Dogwood Rd
Rocky Point, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
Data Provided by:
    

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