How to Prepay Your Mortgage Olean 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

First Tier Bank And Trust
(716)699-2366
54 Washington
Ellicottville, NY
Tom Mooney Agency
(716)806-0317
2636 W State St
Olean, NY
Northwest Savings Bank
(814)697-6136
51 Academy Street
SHINGLEHOUSE, PA
First Tier Bank & Trust
(585)968-5000
27 Water Street
CUBA, NY
Beneficial Consumer Discount Company
(814)368-4186
57 Main Street
BRADFORD, PA
First Tier Bank And Trust
(716)373-4343
60 West Main Street
Allegany, NY
M And T Bank Area Branches Ellicottville
(716)699-2341
3 Washington Street
Ellicottville, NY
Fenton Ned Insurance Agency
(716)945-1100
170 Clinton Street
Salamanca, NY
M & T Bank - Area Branches- Ellicottville
(716)699-2341
3 Washington Street
ELLICOTTVILLE, NY
First Tier Bank & Trust
(716)376-5200
107 Main
SALAMANCA, NY

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