Biweekley mortgage payment plan
You do not need a special morgage, you do not need permission, it is so simple you just pay one half your mortgage payment on the 15th and half at the end of the month. When you do this or if you get a sum of money and you want to put it toward your mortgage, the lender will post one half your payment earley which effects the amount of interest you owe. If you come into a sum of money and want to put it toward the principal this will also effect the interest charged, and save you money. This will save you approximatly $100,000. and pay the mortgage 5 to 10 years sooner, on average 7 years early.
Want to calculate your mortgage? Go to http://www.bankrate.com...click on "calculator" then "mortgages" then find and click on "Get a biweekly mortgage plan" then run the numbers of your mortgage and see in black and white what it will save you.
Questions: email: wswilkinson@remax.net
William S. Wilkinson,P.A. Realtor
