How to Prepay Your Mortgage Lindenhurst 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

Jenkins John B Insurance
21 George Street
Manhasset, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
Continental Home Loans Inc
(631) 608-8181
825 Merrick Rd
Copiague, NY
Cfs Ins Agency Inc
2100 Middle Country Rd
Centereach, NY
Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
Mortgage Banking Corporation
100 Garden City Plaza
Data Provided by:

Related Articles
- Advantages and Disadvantages of Refinancing Lindenhurst NY
Refinancing your mortgage is when you get a new mortgage loan out and use the money from the new loan to pay off your old mortgage loan. In some cases refinancing home loan options are a good idea, and in some cases, refinancing your home loan is not such a good idea. Sometimes, refinancing your mortgage may cost you more money in the long run.
- How to Avoid Foreclosure by Knowing Your Mortgage Type Lindenhurst NY
- How to Compare Mortgage Programs Lindenhurst NY
- Green Mortgages Lindenhurst NY
- How to Talk to Mortgage Lenders Lindenhurst NY
- How to Understand a N.I.N.J.A. Mortgage Lindenhurst NY
- Real Estate Note Lindenhurst NY
- How to Follow the Mortgage Accelerator Plus Program Lindenhurst NY
- Flexible Mortgage For Self Employed Lindenhurst NY
- How to Choose a Mortgage Broker Lindenhurst NY