A home is usually the largest purchase individuals make. Most people need to borrow money in order to purchase a home, and many don’t understand how a mortgage works. This site can help you understand a whole lot about mortgages.
If you understand how mortgages work you will understand how to pay the lender less money. Every dollar you save on mortgage interest is a dollar you can spend on something else. You have the potential of saving tens of thousands, or even hundreds of thousands of dollars! Paying less money also means your loan will be paid off sooner. The day of no house payments will come sooner! And that’s a great feeling.
Just imagine what you can do without a house payment!
Disclaimers: The information on this website is to help you understand how mortgages work. It is not legal or tax advice. Consult your financial advisor or tax professional before making any decisions. Your situation may be different from the examples on this website. This information is deemed accurate but not guaranteed. It is provided "as is" without warranty of any kind, either expressed or implied. Use at your own risk.
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