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If a person has a mortgage loan when is the best time to pay extra on the mortgage?

Monday, December 29th, 2008
mortgage loans
PsychoSam asked:


This question is for all those folks that don’t know too much about mortgage loans. Is it true that the best time to pay extra on mortgage loans are at the beginning years of a mortgage loan? That way an individual can beat the bank on the interest. Please give me your thoughts on this. Thank you.

Bertha
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