Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Response to mopinko (Reply #14)

Recommendations

0 members have recommended this reply (displayed in chronological order):

true, Valon Mtg has a calculator showing how you save and how much shorter the loan is Shellback Squid Nov 2025 #1
Most people never pay off a mortgage. MineralMan Nov 2025 #2
At my age 70 crud Nov 2025 #9
Unless the whole system goes to crap...... Hope22 Nov 2025 #13
I agree. It's not easy, though, for working folks MineralMan Nov 2025 #15
Sounds good! Sweat equity is definitely the key. Hope22 Nov 2025 #20
Always do the math. MineralMan Nov 2025 #27
I got a 30 year loan dsc Nov 2025 #21
You probably won't keep that house. MineralMan Nov 2025 #23
May well be the case dsc Nov 2025 #30
I hate moving, too. It's a lot of work. MineralMan Nov 2025 #31
Excellent Points ProfessorGAC Nov 2025 #24
Yes. You Have to Do the Math. MineralMan Nov 2025 #26
This is a good reminder! Nittersing Nov 2025 #3
i took an abatement during covid. mopinko Nov 2025 #4
Extra payments Timewas Nov 2025 #5
any little windfall, part of it shd b put to the mortgage. mopinko Nov 2025 #6
This message was self-deleted by its author PeaceWave Nov 2025 #12
it gives u more leeway to get an equity loan. mopinko Nov 2025 #14
This message was self-deleted by its author PeaceWave Nov 2025 #16
refi- no, it's not a non-factor. it's a direct factor. mopinko Nov 2025 #18
Rule of thumb - one extra payment per year turns a 30-year mortgage into a 23-year mortgage hatrack Nov 2025 #7
I did that as much as I could on my first house... haele Nov 2025 #8
All this cheerful advice about mortgages, credit card debt, and car loans... hunter Nov 2025 #10
+1 leftstreet Nov 2025 #17
So for the first payment a week early and send $50. Extra to be applied to the principal questionseverything Nov 2025 #11
Another interesting fact airplaneman Nov 2025 #19
yup. i remember that being a thing a while back. mopinko Nov 2025 #22
This message was self-deleted by its author PeaceWave Nov 2025 #25
yeah, 2%. hardly worth it. mopinko Nov 2025 #28
This message was self-deleted by its author PeaceWave Nov 2025 #29
You must tell the lender it needs to be put towards the principle usedtobedemgurl Nov 2025 #32
my payment had a box for extra principal. mopinko Nov 2025 #33
Latest Discussions»General Discussion»since we're talking about...»Reply #16