There are many unique situations when people begin to think about refinancing. My first piece of advice is this: Never make any decision before you have spent plenty of time studying, researching, calculating and recalculating the numbers. Don’t just trust what the brokers say (although some may have your best interest in mind); it’s not…
amortization
3 Secrets to Save $102,533.35 on Your Mortgage…That Banks Don’t Want You to Know About
Two and a half years ago, I was looking at the amortization/debt schedule of my dream home that I was about to buy. It was mind boggling how much money my family would pay in interest over the course of a 30 year loan! Even at the pretty low interest rate we had secured we would end up paying $134,739.01 in interest. That is…