How to Prepay Your Mortgage Nanuet 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

Chase Bank
(845) 735-4844
1 E Central Ave
Pearl River, NY
Americas Lending Group
(973)837-1490
140 Newark Pompton Trnpk
Little Falls, NJ
Zoppo Insurance Agency
(973)835-7272
40 State Route 23 Suite B
Riverdale, NJ
Jared Cutler
611 Pondside Drive
White Plains, NY
Mr. Salim George Salloum (RFC®), MBA
937 389 9593
35 Teak Rd
Wayne, NJ
HSBC Bank
1.800.975.HSBC (4722)
Across From Toys R Us 117 East Route 59
Nanuet, NY
Chase Bank
(914) 251-3302
2900 Westchester Avenue
Purchase, NY
Marron And Gildea Realtors
(201)447-6100
50 W Ridgewood Ave
Ridgewood, NJ
Homestead Financial Services
(973)237-9700
265 Ushighway 46
Totowa, NJ
Mr. Jonathan P. Delo (RFC®), CFP
845 893 0073
200 Business Park Dr Ste 308
Armonk, NY
Data Provided by:
      

Related Articles
- Advantages and Disadvantages of Refinancing Nanuet 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 Nanuet NY
- How to Compare Mortgage Programs Nanuet NY
- How to Understand a N.I.N.J.A. Mortgage Nanuet NY
- How to Talk to Mortgage Lenders Nanuet NY
- How to Follow the Mortgage Accelerator Plus Program Nanuet NY
- Real Estate Note Nanuet NY
- Green Mortgages Nanuet NY
- Flexible Mortgage For Self Employed Nanuet NY
- How to Choose a Mortgage Broker Nanuet NY