I created the table below to illustrate the savings.
This is based on a 30 year $100,000 mortgage at 4% interest.
Extra Payment Monthly Years Saved Off Mortgage
0 0
50 5 Years
100 8.5 Years
150 11.08 Years
200 13.08 Years
250 14.6 Years
If you would like to see how much an extra payment would effect your mortgage just call me or email me and give me your numbers on your mortgage. …I’ll be happy to help you!
That’s it for today!
Have a good day! …and thanks for reading.
Brett
One of the most important things you will have to do when you apply for…
I wanted to remind you that we have a 2% to 5% downpayment and closing…
If you receive money from the State or a County sponsored organization for providing foster…
Do you have investment property, and would like to pull cash out of your property?…
I wanted you to know about a mortgage program that doesn’t require any income documentation…
The bad news is that according to Redfin, 38% of U.S. renters don’t believe they’ll…
