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

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
Financial Equities
(631)447-0505
1025 Old Country Road Suite 300
WESTBURY, NY
Continental Home Loans Inc
(516) 837-6980
515 Rockaway Ave
Valley Stream, NY
Chase Bank
(718) 740-4000
224-05 Jamaica Ave
Queens Village, 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
All American Mortgage Bankers
(516)747-6600
300 Garden City Plaza
GARDEN CITY, NY
Data Provided by:
    

Related Articles
- How to Talk to Mortgage Lenders Lindenhurst NY
Before you talk to mortgage lenders you should learn about your choices. In any time of economic distress it will be harder than usual to acquire a new mortgage or to refinance. Demand and boom and burst was created by easy credit and aggressive home mortgage loan companies offering temporary low payments which go up, but you just want a home loan. Not surprisingly, therefore, choices for mortgage loans will be your main concern...
- How to Follow the Mortgage Accelerator Plus Program Lindenhurst NY
- Green Mortgages Lindenhurst NY
- How to Compare Mortgage Programs Lindenhurst NY
- Advantages and Disadvantages of Refinancing Lindenhurst NY
- Real Estate Note Lindenhurst NY
- Flexible Mortgage For Self Employed Lindenhurst NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Lindenhurst NY
- How to Understand a N.I.N.J.A. Mortgage Lindenhurst NY
- How to Choose a Mortgage Broker Lindenhurst NY