As you will
see the bulk of the Interest
is paid up front, while the
bulk of the principal is paid
near the end of the loan. A
good way to save on a lot of
interest payments is to add
an additional amount to each
and every mortgage payment by
using a bi
weekly mortgage plan. By
paying as little as $25.00 extra
every two weeks, and using a
bi weekly mortgage plan, you
can save yourself thousands
of dollars on your mortgage
loan. |
