Would paying a little extra principal on your mortgage each month really save you much money?
Even small amounts add up over time and can make a sizeable difference. For example, below are the results of paying little extra on a $200,000 mortgage at 4.5% with a 30-year term:
Extra Monthly Principal
If you would like to know how much extra you need to pay to have your home paid off within a certain time period or would like to know what an extra $50 a month would do to your loan, just give me a call. I would be happy to figure that out for you!