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

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

   Recasting a mortgage: Recasting allows you to keep your existing loan, but adjusts the amortization. You can’t get a lower interest rate or a shorter loan term with recasting, but if your ...

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

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

   Use our mortgage payoff calculator to see how much interest you can save by paying extra on a mortgage.. How to prepay a mortgage. There are two primary ways to make extra payments on your ...

4. How to lower your mortgage payment

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

   Refinance to lower your payment. Recast your mortgage. Eliminate your mortgage insurance. Modify your loan. Lower your taxes. Shop around for a lower homeowners insurance rate. Apply for mortgage ...

5. Negative amortization - Wikipedia

   en.wikipedia.org/wiki/Negative_amortization

   A 10-year interest only mortgage product, recasting to a 20-year amortization schedule (after ten years of interest-only payments) could see a payment increase of up to $600 on a balance of 330K. Negative amortization mortgage: no payment jump either until 5 years OR the balance grows 15% (depending on the product) higher than the original amount.

6. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [ 2 ]

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

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

   Make one extra payment each quarter to shave 11 years and nearly $65,000 off your mortgage. Divide your payment by 12 and add that amount to each monthly payment, or pay half of your payment every ...

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

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

   If you make an extra monthly payment of $1,879 each December, you’ll pay off your 30-year mortgage almost five years ahead of schedule and net about $60,000 in interest savings in the process ...

9. Should I pay off my mortgage early? - AOL

   www.aol.com/finance/pay-off-mortgage-early...

   Your home can be a forced-savings tool, and making extra mortgage payments can save you thousands of dollars in interest over time, plus help you build equity in your home faster.