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  2. 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 ...

  3. 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.

  4. Paying Extra on Your Mortgage Can Go a Long Way

    www.aol.com/news/2012-12-12-paying-extra-on-your...

    By Colin Robertson Mortgages can be viewed very differently. Some see them as a positive financial instrument, a way to free up their money so it can be invested elsewhere, ideally for a better ...

  5. Flexible mortgage - Wikipedia

    en.wikipedia.org/wiki/Flexible_mortgage

    to make overpayments or extra repayments (more than the normal amount) to redraw (borrow back) any previous overpayments or extra repayments; to underpay (pay less than the normal amount) to take a payment holiday (stop repayments for a period, typically 3 to 12 months).

  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. Amortization calculator - Wikipedia

    en.wikipedia.org/wiki/Amortization_calculator

    An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.. The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

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