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2. Dave Ramsey’s 7 Tips for Quickly Paying Off a Mortgage - AOL

   www.aol.com/dave-ramsey-7-tips-paying-120027516.html

   Once your mortgage’s principal balance is 80% of the original value of your home, you can request removal of your PMI. Here’s how extra payments would affect a $220,000, 30-year mortgage with ...

3. Should I pay off my mortgage early? - AOL

   www.aol.com/finance/pay-off-mortgage-early...

   So, if your outstanding loan balance in year two is $295,000 and you pay your mortgage off, the lender could charge a prepayment penalty of up to $5,900. How do you prepay your mortgage?

4. How To Pay Off Your Mortgage in 10 Years - AOL

   www.aol.com/pay-off-mortgage-10-years-210018971.html

   “The easiest and fastest way to pay down your mortgage is faster is larger monthly payments and extra money towards principal when available,” said Ralph DiBugnara, president of Home Qualified ...

5. Should I pay off my mortgage or invest? - AOL

   www.aol.com/finance/pay-off-mortgage-invest...

   The decision to pay off your mortgage or invest boils down to your finances and risk tolerance. ... how much of your monthly payment is going toward the loan’s principal versus interest ...

6. Amortization schedule - Wikipedia

   en.wikipedia.org/wiki/Amortization_schedule

   Amortization refers to the process of paying off a debt (often from a loan or mortgage) over time through regular payments. [2] A portion of each payment is for interest while the remaining amount is applied towards the principal balance. The percentage of interest versus principal in each payment is determined in an amortization schedule.

7. Suze Orman Shares Advice for Paying Down Your Mortgage Faster

   www.aol.com/suze-orman-shares-advice-paying...

   By making one extra mortgage payment a month, you can reduce your 30-year mortgage down to maybe 27 years and a 15-year mortgage at a 6% interest rate down to 12 years, Orman estimated.

8. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   The major variables in a mortgage calculation include loan principal, balance, periodic compound interest rate, number of payments per year, total number of payments and the regular payment amount. More complex calculators can take into account other costs associated with a mortgage, such as local and state taxes, and insurance.

9. Interest-only loan - Wikipedia

   en.wikipedia.org/wiki/Interest-only_loan

   An interest-only loan is a loan in which the borrower pays only the interest for some or all of the term, with the principal balance unchanged during the interest-only period. At the end of the interest-only term the borrower must renegotiate another interest-only mortgage, [ 1 ] pay the principal, or, if previously agreed, convert the loan to ...