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How soon can i pay off my mortgage if i send extra each month?

April 26, 2017Business extra Finance month mortgage pay send Soon

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How soon can i pay off my mortgage if i send extra each month?

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I actually figured the escrow in from the numbers you had given so based on the numbers I determined you loan payment to actually be 1028.75 plus the additional 69 dollars going to principle…that will pay off your loan four years and three months early. http://www.bankrate.com/brm/mortgage-cal… Another interesting fact that few know is…pay your mortgage twice a month…nothing extra. Example if your mortage is due December 1, then on November 15th send 1/2 the payment on December 1st send the second half. Doing this alone can reduce the length of your mortage by a couple months.