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Updated over 7 years ago on . Most recent reply

Justen Ashcraft's profile image
Justen Ashcraft's profile image
Justen Ashcraft
  • from Braselton, Georgia
  • Member since Jun 10, 2013
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Justen Ashcraft's profile image
Justen Ashcraft's profile image
Justen Ashcraft
  • from Braselton, Georgia
  • Member since Jun 10, 2013
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Justen Ashcraft
  • Braselton, GA
57
Votes |
243
Posts
Buying & Selling Real Estate

Additional principal payments.

Justen Ashcraft
  • Braselton, GA
Posted
I have been making the loan payment plus the next months principal payment in order to cut the 30 year loan down to 15. Can I make 2 months principal payments and cut it down to 10 years? Thanks.
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Eric H.'s profile image
Eric H.'s profile image
Eric H.
  • Real Estate Solutions Provider
  • from Baltimore, Maryland
  • Member since Sep 19, 2014
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Eric H.'s profile image
Eric H.'s profile image
Eric H.
  • Real Estate Solutions Provider
  • from Baltimore, Maryland
  • Member since Sep 19, 2014
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Eric H.
  • Real Estate Solutions Provider
  • Baltimore, MD
452
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570
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Eric H.
  • Real Estate Solutions Provider
  • Baltimore, MD
Replied

Great evening @Justen Ashcraft,

Try this calculator

http://www.interest.com/mortgage/calculators/accelerated-mortgage-payoff/

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