How to Prepay Your Mortgage Ithaca 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

Alliance Bank Na Community Branch Locations Groton Avenue Office
(607)753-3391
1125 State Route 222
Cortland, NY
Tompkins County Trust Company
(607)844-8282
North Street Extension
DRYDEN, NY
M & T Bank - Banking Departments- M & T Mortgage Corporation
(607)756-4187
1091 State Route 222
CORTLAND, NY
Community Bank NA
(607)387-7580
105 Main Street
MORAVIA, NY
Alliance Bank NA - Community Branch Locations- Groton Avenue Office
(607)753-3391
1125 State Route 222
CORTLAND, NY
Bank of America - Ithaca Commons
607.274.4860
202 the Commons
Ithaca, NY
Alliance Bank Na - Account Information Customer Service, Main Office, Main Street Office
607-756-2831
Cortland, NY
Tompkins County Trust Company
(607)594-3338
100 West Main
ODESSA, NY
Fleet Private Clients Group
(800)266-3085
304 Elmira Road
ITHACA, NY
Citifinancial
(607)756-2848
3944 State Route 281
CORTLAND, NY

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