Mathematics, 10.12.2020 01:00 lucypackham9
Why would it be beneficial to pay a little more than the required mortgage payment? ANSWER:Paying extra on your mortgage means that you make additional payments to your principal loan balance beyond your regular payments. For example, if you pay $1,300 per month normally, you may pay an extra $200 to the principal for a total payment of $1,500. Or if you get a bit of money, say a $5,000 tax refund, you could apply it to your principal loan balance. The faster you pay off your mortgage, the less you will pay in interest, reducing your overall loan cost. However, this option should be considered in the context of your larger financial situation.
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Pat listed all the numbers that have 15 as a multiple write the numbers in pats list
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Acollege student takes out a $7500 loan from a bank. what will the balance of the loan be after one year(assuming the student has not made any payments yet) a. if bank charges 3.8% interest each year ?
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Why would it be beneficial to pay a little more than the required mortgage payment?
ANSWER:Paying e...
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