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RoKa Property
Rain Residential
623 Washington Ave
Ocean Springs, Mississippi, 39564
Office: (850)830.4830
Cell: (850)699.4290
karissa@raindev.com
RoKaproperty.com

Local Happenings

Join us at the Keesler Air Show!  MS Select Realty is one of the proud sponsors of the Keesler Air Show. 

KEESLER AFB, MISS. -- 'Thunder on the Bay,' the base's first air show since April 2004 comes to Keesler April 4-5, 2009.
 
"We are excited to be hosting the first air show at Keesler Air Force Base in five years," said Brig. Gen. Greg Touhill, 81st Training Wing commander. "We have organized a dedicated air show committee who are working diligently to solidify two days of amazing aerial acrobatics as well as impressive static display aircraft."
pre-paying the mortgage | Print |

What are the benefits of pre-paying the mortgage?

By making additional payments that go toward the principal balance, you can save thousands of dollars and shave years off the length of your loan.
Principal payments over and above the minimum monthly amount required by the terms of the mortgage constitute partial prepayment of a mortgage. Each mortgage will have terms describing how and when prepayment may occur. Refer to the note to see if there is any penalty incurred for prepayment.

The total savings potential also depends on how long you want to stay in the house. Borrowers who plan to move in the near future should not expect to realize as significant a savings as people who pay ahead of schedule until they own the home free and clear.
Check with your lender, who should be able to provide specific answers as to how such a prepayment plan will shorten the life of the loan and what kind of interest savings can be expected.


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Last Updated ( Tuesday, 29 July 2008 )
 
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