ST Alpha - "wouldn't paying down a mortgage save a ton of interest in the long run? -- nm" (Reading a Post)

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In response to "Prepayed Rent Situation" by ceregon

wouldn't paying down a mortgage save a ton of interest in the long run? -- nm

Posted by zork Dec 1 '08, 09:42

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Responses:

Surprisingly no. I paid an extra $100 last month, and it reduced my monthly payment by a whole 50 cents. - ceregon Dec 1, 10:03
well, he still needs that rent to apply to his monthly mortgage payments i'm assumiing. -- nm - El Fandie Dec 1, 09:44 1
- if he used the money last year for something else, then I assume he doesn't -- nm - zork Dec 1, 09:48

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