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Is There a Downside to Prepaying My Mortgage?

Is There a Downside to Prepaying My Mortgage? ByCredit.com 7:00 am ETNovember 17, 2015November 16, 2015 studio-pure/iStock Q: I have paid almost $ 6,000 extra toward my mortgage principal. Isn’t my new payment supposed to go more toward principal and less for interest for the next payment? — Paying it down A: Here’s how it works. When you […]

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