How to Prepay Your Mortgage West Hempstead 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

Helen Beichel
1133 Park Place
Brooklyn, 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
Capstar Funding
(914)632-8390
56 Harrison Street
NEW ROCHELLE, NY
Aegis Capital Corp
(917)206-8960
810 7 Av
NEW YORK, NY
Conquest Mortgage Inc
(718)738-5604
115-14 Rockaway Blvd
South Ozone Park, 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
Evergreen Funding Inc
(845)425-8282
1282 49th Street Suite 3
BROOKLYN, NY
American Home Mortgage
(516)396-7700
520 Broadhollow Road Suite 1
MELVILLE, NY
Data Provided by:
    

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