How to Prepay Your Mortgage Troy 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
518-664-5129
5 Park Plaza
Mechanicville, NY
Bank of America - Watervliet
800.432.1000
1400 Second Ave
Watervliet, NY
Legacy Land Title Llc
(518)371-8166
56 Clifton Country Rd
Clifton Park, NY
Wells Fargo Financial
(518)456-6484
1770 Central Ave
ALBANY, NY
Ameriquest Mortgage Company
(518)431-6516
7 Southwoods Boulevard
ALBANY, NY
Bank of America - Clifton Park
518.383.3037
1 Clifton Country Rd
Clifton Park, NY
Bank of America - Bellevue
800.432.1000
2525 Broadway
Schenectady, NY
Allstate Insurance Florence A. Shaw
(518)869-5194
1692 Central Ave
Albany, NY
Real Estate Services Of Ny
(518)346-3666
109 South Ferry Street
Schenectady, NY
Northgate Funding CO
(518)690-2030
621 Columbia Street Suite 2
COHOES, NY