Is It Better to Pay an Extra Mortgage Payment or to Pay Extra Each Month?

Answer Magnesium chloride is not a combustible or explosive chemical, but careless handling may cause problems ranging from minor discomforts to more serious complications, leading to trips to the doctor.... Read More »

Top Q&A For: Is It Better to Pay an Extra Mortgage Payment o...

What Happens if I Paid an Extra Mortgage Payment?

Many homeowners like the idea of paying off their mortgage as quickly as possible. One easy way to do this is by making an extra mortgage payment either incrementally each month or by making the eq... Read More »

How to Make an Extra Mortgage Payment Per Year?

Many mortgage lenders offer more frequent mortgage payment options. Choosing one of these options allows you to add extra mortgage payments during the year. That can shorten the payoff term on the ... Read More »

Will an extra annual mortgage payment reduce terms?

Making one extra mortgage payment each year can save you thousands of dollars over the life of the loan. It results in less interest and trims approximately 13 years off of the life of your loan. Y... Read More »

How do I calculate extra payment options?

Organize InformationWrite out all information pertaining to the repayments. Write down a list of payment options. Gather information about expenditure and income.Calculate Extra Payment OptionsCont... Read More »