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re: Trying to make twice a month mortgage payments
Posted on 3/12/16 at 9:49 am to Stingray
Posted on 3/12/16 at 9:49 am to Stingray
I think you would have to pay ahead one month before they would allow you to make 1/2 payments. If you're due March 30, they're not going to accept 1/2 on the 15th and 1/2 on the 30th.
In my experience.
I don't believe that process would speed your interest pay-down anyway.
In my experience.
I don't believe that process would speed your interest pay-down anyway.
Posted on 3/12/16 at 12:25 pm to Oenophile Brah
quote:
I think you would have to pay ahead one month before they would allow you to make 1/2 payments. If you're due March 30, they're not going to accept 1/2 on the 15th and 1/2 on the 30th.
In my experience.
I don't believe that process would speed your interest pay-down anyway.
Thanks for the response.
Can you explain why it wouldn't help pay down more of the interest over time? I have read some things saying it would help.
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