How Much Will Extra Payments Shorten My Loan

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Posted on January 10, 2019 at 23:48 PM

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Additional Payment Calculator: Extra Principal Payments on ...
The basic method of mortgage cycling pays down the principal balance faster than scheduled. Borrowers make the standard mortgage payment. Then at regular intervals from once a year to every month, the homeowner pays an additional amount towards the principal balance.
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Should You Make Extra Mortgage Payments? Sep 25, 2014 | Home Buyer Guidance As a homeowner, you’ve likely heard that making an extra mortgage payment will result in big interest savings.

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