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
1125 State Route 222
Cortland, NY
Tompkins County Trust Company
North Street Extension
M & T Bank - Banking Departments- M & T Mortgage Corporation
1091 State Route 222
Community Bank NA
105 Main Street
Alliance Bank NA - Community Branch Locations- Groton Avenue Office
1125 State Route 222
Bank of America - Ithaca Commons
202 the Commons
Ithaca, NY
Alliance Bank Na - Account Information Customer Service, Main Office, Main Street Office
Cortland, NY
Tompkins County Trust Company
100 West Main
Fleet Private Clients Group
304 Elmira Road
3944 State Route 281

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