› Budget101 Discussion List Archives › Budget101 Discussion List › mortgages
- This topic has 7 replies, 1 voice, and was last updated December 12, 2007 at 9:54 pm by Guest.
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- December 12, 2007 at 9:54 pm #254730
Thank you so much. I will try this. It can’t hurt!
Katie
Quoting Vickie <vickieanderson18@yahoo.com>:
> Just remember when you refinance your mortgage you have to pay
> closing cost too. Making an extra payment per year will cut the
> number of years almost in half. Even paying alittle extra each month
> helps, making a payment every 2 weeks instead of once a month will
> help since the interest is calculated monthly on the balance of the
> loan.
>
> Katie <katiesmolek@home.ffni.com> wrote: Hi, I was just
> wondering if anyone had any advise about mortgages….
> how to pay them down quicker on a very tight budget? How often should
> you refinance and when you do should you go for a shorter term? I am
> just frustrated with my whole lack of budget and need lots of help!
> thanks,
> katie
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