How to Prepay Your Mortgage Merrick 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

Brown And Flaherty Mortgage Co Inc
(718)225-7283
4030 235th Street
Little Neck, 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
Pilot Funding Corporation
(516)546-1900
24 Helene Avenue
MERRICK, NY
Bridgeview Mortgage Corporation
(516)328-6300
1200 Hempstead Turnpike
FRANKLIN SQUARE, NY
Capital One
718-776-0900
233-15 Hillside Ave
Queens Village, NY
Helen Beichel
1133 Park Place
Brooklyn, 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
Glen Head First NATL Bank
(516)671-4900
10 Glen Head Road
GLEN HEAD, NY
Data Provided by:
    

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