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

Bank of America - South Farmingdale
800.432.1000
3 North West Drive
South Farmingdale, NY
Dcap East Meadow Inc
(516)794-5300
1905 Hempstead Turnpike
East Meadow, 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
Novastar Home Mortgage Inc
(516)229-2628
50 Charles Lindbergh Boulevard
UNIONDALE, NY
Capital One
718-326-2005
74-11 Metropolitan Ave
Middle Village, NY
Allstate Insurancestephen Ratkewitch
(516)221-5400
483 Newbridge Rd
East Meadow, 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
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