Primary Color:
Primary Text:
Secondary Color:
Secondary Text:
Tertiary Color:
Tertiary Text:
Color Picker
Preview
FeaturesTypographyTutorials
Module Title
Home
Module Title

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Ut non turpis a nisi pretium rutrum. Nullam congue, lectus a aliquam pretium, sem urna tempus justo, malesuada consequat nunc diam vel justo. In faucibus elit at purus. Suspendisse dapibus lorem. Curabitur luctus mauris.

Module Title
Module Title
Instructions

Select a predefined style from the drop-down or choose your own colors via the handy mooRainbow based color-chooser. When you are satisfied with your selection, click the "Apply Colors" button below to store your selection in a cookie.

Apply Colors
Current style configuration: Default
Color Chooser
Translate this Site

Contact Information

Rick Snow
One Realty El Paso
601 Sunland Park Dr
El Paso, TX, 79912
Office: 915-613-1710
Cell: 915-329-5868
Fax: 915-613-1711
mwap@ricksnow.com
www.movewithapurpose.org
pre-paying the mortgage | Print |

What are the benefits of pre-paying the mortgage?

By making additional payments that go toward the principal balance, you can save thousands of dollars and shave years off the length of your loan.
Principal payments over and above the minimum monthly amount required by the terms of the mortgage constitute partial prepayment of a mortgage. Each mortgage will have terms describing how and when prepayment may occur. Refer to the note to see if there is any penalty incurred for prepayment.

The total savings potential also depends on how long you want to stay in the house. Borrowers who plan to move in the near future should not expect to realize as significant a savings as people who pay ahead of schedule until they own the home free and clear.
Check with your lender, who should be able to provide specific answers as to how such a prepayment plan will shorten the life of the loan and what kind of interest savings can be expected.


Questions about West El Paso Texas Real Estate?

Ask us below or Call us Now at 915-613-1710
AddThis Social Bookmark Button
*First Name
*Last Name
*Email
Phone
Question / Comments
  
Last Updated ( Wednesday, 30 July 2008 )
 
< Prev   Next >

Syndicate this Site

Get the newest real estate Information from our site delivered right to your desktop!

Just Listed RSS Feed

See the newest properties as soon as we enter them in your favorite feed reader!

Don't worry about missing the right one... we make it easy for you!
RSS

Payment Estimator

Loan amount: $
Down payment: $
Annual interest rate: %
Term of loan: years
Total interest:
$
Monthly payment:
$
© 2010 BusyAgentPro   Real Estate Websites - Free Real Estate Advice - Real Estate Marketing