How to Prepay Your Mortgage Schenectady 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

Citizens Bank - Clifton Park / Hannaford
518-373-0473
9 Clifton Country Road
Clifton Park, NY
Citizens Bank - Pine Hills
518-489-8953
501 Western Avenue
Albany, NY
William E Sheridan Inc
(518)273-2511
604 3rd Ave
Watervliet, NY
Bourdeau Financial Inc
(518)783-3825
920 Albany Shaker Rd
LATHAM, NY
Rbs Citizens Na
(518) 432-2274
833 Broadway
Albany, NY
Citizens Bank - N. Greenbush / Hannaford
518-283-2611
40 Main Avenue
Wynantskill, NY
Citizens Bank - Guilderland
518-456-2162
2080 Western Avenue
Guilderland, NY
Capital Region Ins Agcy
(518)456-8965
421 New Karner Rd
Albany, NY
Opteum Financial Services LLC
(518)452-0794
210 Washington Avenue Ext
ALBANY, NY
Funding Source Llc
(518) 451-9193
17 Computer Dr W
Albany, NY

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