How to Prepay Your Mortgage Syosset 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

Chase Bank
(914) 251-3302
2900 Westchester Avenue
Purchase, 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
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
American Residential Funding
(631)673-4200
1 Schwab Road Suite 6
MELVILLE, NY
Capital One
516-483-0300
929 Front St
Uniondale, 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
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
Long Island Commercial Bank
(631)851-8888
320 Carleton Avenue
CENTRAL ISLIP, NY
Data Provided by:
      

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