Making additional principal contributions on your mortgage will save interest, build equity and shorten the term. An extra $100 a month in the example shown will save thousands in interest and shorten the term of the mortgage as well.
Check out what would happen if you were to make additional payments on your mortgage. A paid-off house creates a hedge against inflation, AND a "forced" savings account in the event you ever sell your home. TheSamTeam.com . . . 832-200-5656. Your REALTORS for life!