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Posts Tagged ‘Amortization’

We all know that putting extra payments down is going to pay off your mortgage faster and save you money. But what not everyone knows are the little insider tips that allow you to know to the penny, EXACTLY, when to use them to pay off your mortgage, how much to make them in, and [...]

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Sep 8th, 2009 | Filed under Mortgages

The first 5 years of your mortgage is the most critical. The general rule of thumb is that you spend at least 5 times more in principal than interest. You can run the numbers for yourself at http://www.bankrate.com The banks’ hope you won’t break free from this cycle and have designed the mortgage tables to [...]

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Jun 1st, 2009 | Filed under Mortgages