How to Prepay Your Mortgage New Hyde Park 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

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
Fleet Mortgage Company
(516)559-8237
60 Hempstead Avenue
WEST HEMPSTEAD, NY
United Northern Mortgage Bankers Ltd
(516) 520-5700
3601 Hempstead Tpke Ste 300
Levittown, NY
Washington Mutual Bank Locations Carnegie Hill
(212)876-7192
1221 Madison Avenue
New York, 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
Georgia Mid Atlantic Capital Corp
(914)699-3759
17 North High Street
MOUNT VERNON, NY
Ameritrust Mortgage Bankers Inc
(516) 488-4444
1981 Marcus Ave Ste C129
New Hyde Park, NY
Data Provided by:
    

Related Articles
- How to Choose a Mortgage Broker New Hyde Park NY
Buying a house can be a daunting task, and for a first time borrower you might not know all the ins and outs that are involved in taking out a home loan. A mortgage broker can help - they are the professionals that match your needs with a home loan from a selection of lenders. But it's important to choose the right broker - one who is knowledgeable, accredited, and covers a wide range of lenders.
- Advantages and Disadvantages of Refinancing New Hyde Park NY
- Flexible Mortgage For Self Employed New Hyde Park NY
- How to Understand a N.I.N.J.A. Mortgage New Hyde Park NY
- Real Estate Note New Hyde Park NY
- Green Mortgages New Hyde Park NY
- How to Compare Mortgage Programs New Hyde Park NY
- How to Talk to Mortgage Lenders New Hyde Park NY
- How to Follow the Mortgage Accelerator Plus Program New Hyde Park NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type New Hyde Park NY