How to Save Thousands of Dollars in Interest on Your Mortgage – Welcome to SouthFloridaHomeSolutions.com

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How to Save Thousands of Dollars in Interest on Your Mortgage – Welcome to SouthFloridaHomeSolutions.com

With a lower interest rate, you’ll have smaller monthly payments, and could save tens of thousands of dollars over the life of your mortgage. That’s money that could go to college tuition, family vacations, your retirement, or anything else you dream about.

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 · How To Save Thousands Of Dollars In Interest On Your Mortgage One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving you money over the life of your loan.

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If you have the means, the easiest way to save money on your mortgage is by making an extra mortgage payment each year. These extra payments are automatically applied on your principal, not interest. Not only does your remaining balance drop, but you will not have to pay interest each month on that principal for the remainder of the loan term.

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With thousands of products to choose from, we can help you make the right choice. Whether you are looking to buy your dream home, or need a loan to buy an investment property, our expert advisers can help you find the right mortgage. By choosing the right mortgage you can save thousands of dollars over the length of your mortgage.

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 · How to Save Thousands of Dollars in Interest on Your Mortgage One of the most common loans you can get to buy a home is a 30-year fixed rate mortgage. If the thought of paying for your home over the course of 30-years seems daunting, here are some easy ways to shorten that term which will actually end up saving you

Save Thousands In Interest. We constantly look for money saving opportunities to try to save you money saved today and over the life of the loan. Even a .125% saving in interest could save you thousands of dollars in interest. Ask your loan officer what your interest rate will be.

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