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Updated over 8 years ago,
Mortgage Payment Advice
Hello,
First time posting here. I have enough money to prepay my mortgage payment for the next 6-12 months and am wondering if it would cut any time off my 30 year mortgage. To be clear, I don't mean throwing a large sum of money at the principal and continuing to make payments for the same period, rather, I'd be making my regular payments early so I don't have a mortgage bill for the next 6-12 months.