How to Prepay Your Mortgage Riverhead 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

Capital One
631-874-2153
485 County Road 111
Manorville, NY
JOSEPH CONBOY
P. O. BOX 449
SHOREHAM, NY
Mortgage Financial Services Inc
(631)537-9100
2316 Main Street
BRIDGEHAMPTON, NY
Mortgage Access Corp
(631)287-3379
41 Meeting House Ln
SOUTHAMPTON, NY
Family Mortgage Network Inc
(631)744-7900
125 Route 25A
ROCKY POINT, NY
Chase Bank
(631) 473-6482
385 Route 25a, Ste 5
Miller Place, NY
M And M Agency Inc
(631)696-4400
16 Middle Country Road Suite 7
Coram, NY
Century 21 Rustic Realty
631-736-6633
Coram, NY
Mortgage Catalog Store Inc
(631)475-9800
680 Medford Avenue
PATCHOGUE, NY
Good Life Real Estate of Suffolk- Inc.
(631)399-5300
1029 William Floyd Parkway
SHIRLEY, NY
Data Provided by:
  

Related Articles