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The Benefits Of Paying Extra On Your Mortgage – with Jeremy Walter

By
Real Estate Agent with Coldwell Banker Realty


Today we’re welcoming Jeremy Walter, financial advisor with Bare Financial Services Inc. Jeremy really wanted to share the benefits of paying extra on your mortgage, so we set up a “whiteboard session” to lay out some examples.

Jeremy discussed how, by paying just $200 extra a month, you can cut your payoff time nearly in half on a 30 year $120,000 mortgage at 5% interest.  In fact, he points out how that $200 really is a great investment at 5% locked in for the life of the loan.

Any of my Lancaster PA real estate clients would benefit from a serious look at paying even a little extra on their mortgage each month.  If you are interested in how to get started, reach out to Jeremy at Jeremy@barefinancial.com and he’ll get you on the right track.

Questions? Comment?  Just want to say hi? Email me at jeff@yourlancasterhome.com

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(c) 2011 Jeff Geoghan

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Rebekah Radice
Imagine WOW! Digital Marketing Agency - Burbank, CA
Social Media Marketing, Coaching & Training

Nice post and video Jeff.  Always good info for the potential home buyer.

Mar 31, 2011 10:06 AM
Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

This is great advice for any home owner to consider I always try to do this every month. Thanks for sharing.

Mar 31, 2011 10:14 AM
Jeff R. Geoghan
Coldwell Banker Realty - Lancaster, PA
REALTOR, Marketing Manager

Thanks Rebekeh!  

Apr 01, 2011 05:34 AM
Jeff R. Geoghan
Coldwell Banker Realty - Lancaster, PA
REALTOR, Marketing Manager

Pat, thanks for your comment too - I am working with Jeremy to set up a reminder program for my clients.

Apr 01, 2011 05:35 AM
Jason Waldo
INGROUP Associates - Lancaster, PA

Great info, Jeff.  I like that you are being an advocate for your clients and providing a value added service by partnering with a trusted advisor.  Thanks!

Apr 08, 2011 02:12 AM