interest reduction: HOMEOWNERSHIP ACCELERATOR...... WHAT MAKES IT SO GOOD? - 06/13/10 01:36 PM
Think about your mortgage as a triangle. One leg  of the triangle is the term, one leg is the principle balance and one leg is the interest rate. Each one contributes to the total cost of the mortgage.  If the interest rate is small,  one leg of the triangle may be shorter than the other two legs. If the principle balance is small, that leg may be shorter than the other leg, and that affects the total cost of the loan. I could go on but you get the picture. The point is that  the shorter you make each of the legs the smaller … (0 comments)

 

John D. Laudenslager

Virginia Beach, VA

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Affordable Mortgage of Va.

Address: 4663 Haygood Road, Suite 210, Virginia Beach, Va, 23455

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