Originally Posted by Amnorix (Post 6315606)

While I don't disagree with anything you have said, it's important to note that all this advice is only relevant if you plan to stay in your home the full 20x plus years. If not, then really you're giving the bank an interest free loan on your money.

Originally Posted by kepp (Post 6315560)

I didn't know it would make that big of an impact. I'm going to check into doing this...that's a huge difference.

So using this payment calculator - http://www.hsh.com/calc-amort.html - you would knock 10.5 years off your loan and save almost 40% on the interest by paying an extra 25% per month. Heck, paying even 10% more per month will cut your loan by 5.5 years and interest by 21%.

Originally Posted by Chief Henry (Post 6315741)

I dip into your website frequently, usually several times per week :thumb:

Originally Posted by BigRedChief (Post 6315831)

I've alerted moveon.org to that place.

Originally Posted by Chaunceythe3rd (Post 6315170)

Carthago non delenda est!

Originally Posted by Chief Henry (Post 6315741)

I dip into your website frequently, usually several times per week :thumb:

Originally Posted by BWillie007 (Post 6315820)

Yeah it's crazy. I was floored when I looked at an amortization chart about how much I was getting screwed w/ interest.