Wednesday, April 08, 2009

How to know when your loan will be paid off and how much difference an extra payment will make?

Q) How to know when your loan will be paid off and how much difference an extra payment will make?

A) Use a Loan Amortization calculator like the one below. You can play with numbers and see the massive difference 1 or 2 extra payments every year makes.
 
Contact us to learn more about such smart moves when buying or selling a house.

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