How to Prepay Your Mortgage Long Island City 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

Wells Fargo - Paramus Linwood
201-251-4426
859 Route 17
Paramus, NJ
Kbs Insurance Specialists
(914)636-6262
145 Huguenot St
New Rochelle, NY
Wolfson Fran M Insurance Agency
(914)779-0799
475 Tuckahoe Road
Yonkers, NY
Mr. Monroe M. Diefendorf (RFC®), CFP, CHFC, CLU
516 759 3900
152 Forest Ave.
Locust Valley, NY
CNTRYWDEfSL
(718)697-4640
900 South Av
STATEN ISLAND, NY
Chase Bank
(212) 495-1085
45 Wall St
New York, NY
Winwin Mortgage Services Llc
(718)762-7500
3907 Prince Street
Flushing, NY
Washington Mutual Bank Locations Upper Broadway
(212)873-3020
2438 Broadway
New York, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
First Financial Equities Inc
201-227-4200
Englewood, NJ
Data Provided by:
    

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