National Association of REALTORS
Financing Your Home >Your Mortgage
Many homeowners overlook the mortgage payment as a tool for financial management. They get the mortgage, move in, make the payments, and pay off the loan eventually. Smart homeowners know that by properly adding to their monthly payments, even by a small amount, they can substantially reduce the term of their loan, not to mention the total interest they will pay. In fact, prepaying one full year of a standard mortgage can save thousands of dollars in interest. The key is to do it properly and to find the right lender for whom prepayment is not a problem.
More progressive lenders allow the option to add money to the monthly payment which goes directly to the principal. How much should you add? It's largely a personal decision, and it depends on your cash flow. But be mindful of the fact that the mortgage interest rate is probably the lowest interest loan you will find, so don't short yourself with prepayment only to run up credit card debt!
|
| Q |
Over what famous building is aircraft forbidden to fly at any time?
|
| A |
No aircraft is permitted to fly over the Taj Mahal in India. |
 See More Real Estate Trivia > |
|
|
Valerie Core, Associate Broker
Keepsake Realty LLC
532 W. Wulfenite Rd
Flagstaff, AZ 86001
Nick Keipert, Designated Broker
Cell: 928-607-4344
Fax: 928-779-0815
Office : 928-779-2197
Main Email: valeriecore@NUMBER1EXPERT.com
Capstone Email: vcore@capstonecos.com
Regardless of how many homes I sell I never cease to feel satisfaction of providing only the highest levels of service and integrity to my clients. I will work hard to find the home that fits your needs in everyway, as well as protecting your interests when you find it time to sell a property. The happiness of knowing that I am making the Real Estate Process an enjoyable one for my clients is obviously true source of my satisfaction that drove my decision to focus my energy in the Real Estate industry.   
www.ValerieCore.com is brought to you by
Valerie Core
NUMBER1EXPERT™ in real estate for
Flagstaff, Ponderosa Trail and Forest Highlands, Arizona, New Construction Read Valerie Core
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
