Save Interest Build Equity Shorten The Term

Save Interest Build Equity Shorten The Term

Save Interest, Build Equity & Shorten the Term

forced savingspngIf you invest in a savings account, you’ll make less than 1% and would have to pay income tax on the earnings. On the other hand, contribute something extra to your house payment and you’ll earn at the mortgage interest rate which is certain to be more than you are earning in the bank. Making additional principal contributions on your mortgage will save interest, build equity and shorten the term. An extra $100 a month in the example shown will save thousands in interest and shorten the term of the mortgage as well. equity acceleratorpng Reducing your cost of housing is another way to improve the investment in your home. Becoming debt free is a worthy goal that is achieved with discipline and good decisions. Suggestions like this are part of my commitment to help people be better homeowners when they buy, sell and all the years in between. Check out what would happen if you were to make additional payments on your mortgage.


Lisa Hayden Headshot
Author:
Phone: 941-730-3102
Dated: October 20th 2014
Views: 787
About Lisa: I am a Michigan native but call Sarasota “Home” for the last 8 plus years and have proven to be ...

Property Search









RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Home Prices Rising Into Fall - Looking forward, upward price
Florida Tax Burden 5th Lowest In The US - (The Center Square) – Florida
Health Safety And Peace Of Mind - You can take advantage of all-time
The Sarasota Market Is HOT - CoreLogic Chief Economist, Frank

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

The Exit Realty Group
8728 E. State Road 70
Bradenton, FL
941-584-5821
941-755-6021

Other Locations