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Extra payments

 12/23/2005 01:15 PM glauster


Could someone please tell me (a 30-year loan) what the effect will be of making 1, 2 or 3 extra payments on a home/mortgage loan per year?

When extra payment is made, does one pay both P&I or just the P portion?

Member Since
11/16/2005

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72 Posts
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