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  2. Prepaying your mortgage: What is it and should I do it? - AOL

    www.aol.com/finance/prepaying-mortgage-152800578...

    Payment method. Pay off loan in … Total interest. Total interest saved. Minimum every month. 30 years. $644,600. $0. 13 payments a year* 22 years, 11 months

  3. Mortgage recasting: What it is and how it works - AOL

    www.aol.com/finance/mortgage-recasting-works...

    These extra principal payments likely aren’t as large as the lump sum you’d pay to recast your loan, either. You can use Bankrate’s mortgage payoff calculator to see how making extra ...

  4. Dave Ramsey’s 7 Tips for Quickly Paying Off a Mortgage - AOL

    www.aol.com/dave-ramsey-7-tips-paying-120027516.html

    Here’s how extra payments would affect a $220,000, 30-year mortgage with a 4% interest rate: Make one extra payment each quarter to shave 11 years and nearly $65,000 off your mortgage.

  5. How 1 Extra Mortgage Payment a Year Helps Pay Off Your Home ...

    www.aol.com/finance/one-extra-mortgage-payment...

    To figure out your own potential savings, use an amortization schedule calculator. 3 Ways to Make an Extra Mortgage Payment. There are a few different ways you can make extra mortgage payments in ...

  6. Here's Why I Stopped Making Extra Payments on My Mortgage - AOL

    www.aol.com/heres-why-stopped-making-extra...

    That might tip the scales so it makes more sense to invest than pay extra on the mortgage. The pay-off time for the mortgage example above is 13 years and six months, so I would save the $169,443. ...

  7. What are the monthly payments on a $500,000 mortgage? - AOL

    www.aol.com/finance/500000-mortgage-payment...

    Calculate your debt-to-income (DTI) ratio, aiming to keep it under 36% for better loan terms. ... 30-year mortgage and simply focusing on making extra payments on your principal to pay it off ...

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