How to Prepay Your Mortgage Saratoga Springs 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

TD Bank
518-692-2231
146 Main Street
Greenwich, NY
Glens Falls National Bank And Trust Co Ticonderoga Drivein Wicker
(518)585-3621
250 Glen Street
Glens Falls, NY
Proline Mortgage Corporation
(518)885-5556
20 Prospect Street Suite 102
BALLSTON SPA, NY
GMAC Mortgage
(518)584-7637
358 Broadway
SARATOGA SPRINGS, NY
Adirondack Trust Company
(518) 584-5844
473 Broadway
Saratoga Springs, NY
Citizens Bank - Clifton Park / Hannaford
518-373-0473
9 Clifton Country Road
Clifton Park, NY
Mansfield And North Corporation
(518)383-9423
1 Barney Road
Clifton Park, NY
Wells Fargo Home Mortgage
(518)793-3908
33 Park Street
GLENS FALLS, NY
MEM Financial Solutions
(518)615-0990
150 Warren Street
GLENS FALLS, NY
Homestead Funding Corp
(518) 373-0814
1407 Route 9
Clifton Park, NY

Related Articles
- How to Compare Mortgage Programs Saratoga Springs NY
To compare mortgage programs you need to look at the APR. What is an Annual Percentage Rate (APR)? The annual percentage rate (APR) is an interest rate that is different from the note rate. It is commonly used to compare loan programs from different lenders. The Federal Truth in Lending law requires mortgage companies to disclose the APR when they advertise a rate.
- How to Understand a N.I.N.J.A. Mortgage Saratoga Springs NY
- Flexible Mortgage For Self Employed Saratoga Springs NY
- How to Talk to Mortgage Lenders Saratoga Springs NY
- How to Choose a Mortgage Broker Saratoga Springs NY
- Green Mortgages Saratoga Springs NY
- How to Avoid Foreclosure by Knowing Your Mortgage Type Saratoga Springs NY
- Advantages and Disadvantages of Refinancing Saratoga Springs NY
- Real Estate Note Saratoga Springs NY
- How to Follow the Mortgage Accelerator Plus Program Saratoga Springs NY