What Happens if I Paid an Extra Mortgage Payment?

Answer 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 »

Top Q&A For: What Happens if I Paid an Extra Mortgage Payment

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

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 »

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 »

What happens if I miss a mortgage payment?

The penalties for missing a mortgage payment start relatively small, with a penalty fee from your lender. But if you don't get current on your loan, it can soon escalate to a ruined credit rating a... Read More »

What Happens If You Are Late on a Mortgage Payment?

Homeowners are aware that a late payment on a mortgage can negatively affect your credit. But, most homeowners are not exactly sure when their mortgage payment is late, and when the penalties start... Read More »