Before signing that document and closing your loan
HAVE YOU DETERMINED HOW MUCH INTEREST YOU WILL PAY OVER THE LIFE OF YOUR LOAN WITH A MORTGAGE CALCULATOR?
(example 1)
If your loan amount is $125,000, with an interest rate of 7.5%. Over the life of the loan you'll pay a total of $314,646.53.
In 30 years you paid $125,000 towards the house and $189,646.53 in interest.
YOU DON'T HAVE TO PAY SO MUCH IN INTEREST!
You can save thousands in mortgage interest on your own with your own loan calculator.
(example 2)
If your loan amount is $200,000, and interest is 6.5%. You'll pay a total of approximately $456,000.
That's right!
In 30 years you paid $200,000 towards the house and $256,000.00 in interest.
YOU DON'T HAVE TO PAY SO MUCH IN MORTGAGE INTEREST! Working out an amortization schedule with a mortgage calculator is easier than you think.
Most people don't even look at it this way, they never really CALCULATE how much that house is actually going to cost them over the life of the loan.
If you ever plan to retire, THE AMOUNT OF INTEREST YOU CAN ACTUALLY SAVE ON YOUR OWN IS SUBSTANTIAL, and it should be
a high priority that you learn a simple technique that you can apply yourself to your own loan.
NO REFINANCING
NO BI-WEEKLY
NO BANK FEES
For more information about our DO IT YOURSELF Mortgage Calculator System, fill out the form below.
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