💡 Want to pay off your mortgage faster and save thousands in interest? Making extra principal payments or rounding up your monthly payments can significantly reduce your loan term. Even small amounts add up over time! Start today and take control of your financial future. #FairwayIndependentMortgage #MikeBendebba #MortgageAdvice #HomeLoans | Mike Bendebba Fairway Independent Mortgage
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💡 Want to pay off your mortgage faster and save thousands in inter…
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16K views · 100 reactions | Principal payments aren_t magic_they_re just math. Every extra dollar you throw at your mortgage principal saves you money on interest and gets you to debt | Hunting Memes | Facebook
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Making one extra principal payment per year is a great idea! . Also...
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Making extra payments on your mortgage puts you ahead of most Americans—but it’s still not the most efficient strategy. Why? Because every extra dollar you send to the bank is locked away in their vault, not working for you. That’s the difference between a payment strategy and a cash flow strategy. Extra payments may shave a few years off your mortgage, but a first-lien HELOC lets you use 100% of your income to crush principal while keeping your cash liquid and accessible. Good is paying extra.
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114K views · 1.4K reactions | LLEGO A HONDURAS! La tienda número 1 en pantalones Tienda Max Fashion en SPS y su tienda principal en Guatemala Max Fashion S.A Contactalos SPS:+504 9884-6206 Guatemala: +502 5023-2309 | Suly Calix HN | Facebook
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The first 10 years of minimum payments only cover INTEREST on this home equity loan Luckily any extra payments on top of the monthly minimum goes straight to the principal! Next payment we’ll see a decrease from this total due because the full monthly payment will be made and all the extra we’ve put in this month will catch up I’ll be making 3 more payments from my Amazon influencer income this month so let’s see how much we can pay this down before November 💪🏼💪🏼 | Tested By Tayler
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