Tag Archives: Payoff you mortgage sooner

Fixed Rate Or Variable Rate

Posted in: Payless Penalty | April 23, 2013 at 4:53 pm, by admin

Fixed or variable rate mortgage. How’s your stomach for risk? When you take out a mortgage you have the choice of borrowing at a fixed or a variable interest rate. What’s the difference...

Long amortization means more interest

Posted in: Payless Penalty | April 1, 2013 at 5:29 pm, by admin

No comments

Shorten that amortization period. And save a bundle on mortgage interest. One of the tough choices you’re faced with when setting up your mortgage is deciding on the amortization period, or how long...

Reduce Your Mortgage Penalty

Posted in: Payless Penalty | March 9, 2013 at 9:34 pm, by admin

No comments

Reduce Your Mortgage Penalty. A few quick tips to reduce mortgage penalties. You bought your house a few years ago at an interest rate of 5%. Now everywhere you look banks and credit...