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Will making extra principle payments on my mortgage lower my payment

By
Real Estate Agent with Florida Homes Realty & Mortgage

I was asked by a new homeowner if they made extra principle payments on their mortgage if it would lower thier monthly mortgage payment.

 

Mike & Cindy Jones, Realtos
MikeAndCindyJones.com
904 874-0422
Berkshire Hathaway HomeServices Florida Network Realty

 

 

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mike & Cindy, I guess if you refinance down the road after paying a lot into principle only, there is a chance.

Aug 09, 2020 02:24 PM