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Paying More Today Won’t Lower Future Monthly Mortgage Payments

Just about everyone with a home loan ponders the idea of paying a little extra, whether it’s via biweekly mortgage payments, or just once a year after receiving a sizable bonus or tax refund. Whatever the method, you should first consider why you’re thinking about paying your mortgage off early as opposed to putting the [&hellip

The post Paying More Today Won’t Lower Future Monthly Mortgage Payments first appeared on The Truth About Mortgage.

Source: Mortgage