Each month when you make a mortgage payment, part goes toward interest, part goes towards real estate taxes and homeowners insurance (unless you have opted out of an escrow for taxes and insurance, as is allowed in some states), and part
goes toward reducing your loan's principal balance.
Keep in mind that when you make a mortgage payment to your lender, interest is calculated first and the difference
goes toward reducing principal.
In addition to earning unlimited two miles back per $ 1 spent on everything (including travel), you can redeem the miles for a 1 - point - to -1-cent ratio (e.g., 10,000 points to redeem $ 100) on travel statement credits, which is credit that
goes toward reducing your balance.
The interest
goes toward reducing your premiums, with the excess amount, after funding the cash - value and the carrier's take, going to a modest increase in the growth of the cash value.
The extra payment
goes toward reducing the loan principal, which results in the early payoff of the loan (typically 11 to 16 years).
The trick, however, is to make higher payments, so that more of your money
goes toward reducing the principal balance and decreasing what you owe faster.
Second, any remaining portion of your payment
goes toward reducing your loan balance.
Potanovic says he hopes the money from the rate increase
goes toward reducing demand for water and conservation measures.
Therefore the six cents will
go toward reducing the program deficit.
The district is scheduled to receive $ 149 million in federal stimulus funds, but only $ 11 million of this can
go toward reducing the deficit.
That means that, in the following month, the principal is slightly smaller, so you owe less interest and even more of your monthly payment can
go toward reducing the loan balance.
All payments made during that time will
go toward reducing your balance.
Every dollar saved should
go toward reducing what you owe.
More of your payment will
go toward reducing the principal, and your debt will be reduced much faster.
Think of a mortgage as forced savings, with a portion of every monthly payment
going toward reducing your loan's principal balance.
More than half of this, AU$ 36.6 million (US$ 28 million), will
go toward reducing the pollution in the water by supporting farmers to prevent run - off from their properties.
Not exact matches
The funds also have
gone toward manufacturing developments like a frying technique that has helped
reduce the amount of fat in a potato chip by 20 %.
It wouldn't
go very far
toward reducing the overall concentration of deposits at the country's largest institutions.
As energy prices
go up, more customers will look to energy efficiency and distributed energy resources to
reduce their energy bills, which will continue to push electricity prices up and drive customers
toward other energy sources and services.
Since coal is the largest source of US emissions, the move to clamp down on the industry will
go a long way
toward reducing America's carbon footprint over the next two decades.
Proponents of scrapping Illinois» constitutionally protected flat tax make three key claims: a progressive tax would cut taxes on the middle class, it would
go a long way
toward reducing income inequality and it would benefit the state's economy.
That removal would
go a significant way
toward reducing the mountain of zero - interest hot potatoes that have provoked economically fruitless and financially reckless speculation.
But I also believe that social justice is important given the systemic disadvantages in our country; heterosexual divorce is probably more detrimental than gay marriage; caring for the poor
goes a long way
toward reducing the «felt need» for abortion; and that setting Biblical morality up as civil law is probably not the way to
go in a pluralistic society...
I think I am
going to attack the cloth napkins, it will be a step
toward reducing paper towel usage.
It should
go a long way
toward reducing that diaper smell.
In turn, knowing what to expect from that first contraction to that final push will
go a long way
toward reducing your anxiety and preparing you for the incredible journey you're about to
go through.
Capping how long cases can
go on and putting pressure on the system to speed up case processing will help move Rikers
toward the 5,000 - population goal while also
reducing the impact the criminal justice system can have on individuals, she added.
As for the claim that is widely made by good government groups and left leaning reformers that establishing a public campaign finance system would
go a long way
toward getting big money out of the political system and
reducing corruption, New Yorkers aren't really on board.
A statewide supportive housing program consisting of 35,000 units — 30,000 in our city, 5,000 in localities across the state — over the next ten years would
go a long way
toward reducing the number of homeless residents in city and state.
According to AQE, this funding has in the past
gone toward basic school improvements like
reducing class sizes and providing pre-kindergarten classes.
Ensuring universal access to basic water and sanitation contributes to the realization of the right to the benefits of scientific progress, and
goes toward redressing systemic discrimination while
reducing health - related costs.
If we could pull carbon out of the air and use it to wean cars off fossil fuels, that would
go a long way
toward reducing humankind's production of greenhouse gases without impeding technological progress.
Still, experts have argued that hospitals could
go a long way
toward reducing readmissions just by ensuring that patients receive proper follow - up care after discharge.
The bill that died in committee earlier this year, S.B. 1574, would have authorized a cap - and - trade program, with its revenues
going toward activities that
reduce emissions, explicitly including road improvements.
«Raising taxes on alcohol would
go a long way
toward reducing excessive alcohol consumption, but there has been a lot of resistance to doing this.
An ongoing study conducted at a large metropolitan NICU, however, shows that a little skin - to - skin snuggling between mothers and babies can
go a long way
toward reducing maternal stress levels.
So even without concerns about the warming effect of carbon pollution in Earth's atmosphere, the Paris agreement
goes a long way
toward reducing harmful air pollution worldwide.
According to critics, such efforts wasted money that could have
gone toward hiring teachers and
reduced to rational analysis what should have been a complex political process.
Fortunately, the Clean Air Act has
gone a long way
toward cleaning up the air we breathe across the U.S.,
reducing key air pollutants overall by a whopping 68 percent since it first became law in 1970.
Limiting the use of antibiotics for animal - growth promotion is an important step
toward reducing bacterial resistance to medical drugs, says Levy, but he emphasizes that doctors also must be more prudent in prescribing antibiotics if medicine is
going to combat growing drug resistance in microbes.
With the political divide over health care reform still strong
going into this year's elections, a new analysis of state - level decisions shows signs of an emerging middle way
toward reducing the ranks of the uninsured.
According to HIV.gov, an official website of the HHS, even a vaccine that only protects some people would
go a long way
toward reducing the number of new HIV infections.
Women have many different pregnancy and childbirth fears, but proper preparation and understanding can
go a long way
toward reducing them.
According to Bea, carrying totes and cloth bags to the store can really
go a long way
toward reducing packaging waste.
Cosmetics are a major source of exposure to toxins for many people, and making your own cosmetics and adopting a natural skin care routine for your skin type can
go a long way
toward reducing this exposure.
While a variety of factors can influence a woman's symptoms during this time (including genetics, nutrition, medications, etc), it is largely controlled by hormones, and getting hormones in proper balance can
go a long way
toward reducing symptoms.
Making math more understandable, useful, and beautiful will
go a long way
toward reducing symbolic math's tricky side, and it can help children pair their natural math sense with symbolic math — for a bright math future.
Together, these two changes — measuring performance levels using a performance index with as many categories as possible and weighting growth more heavily than status — will
go a considerable way
toward improving the design of accountability policy and
reducing unintended consequences.
The LCFF first
went into effect for the 2013 - 14 school year and is intended to drive extra money
toward students who are English learners, eligible to receive a free or
reduced - price meals or foster youth.
RTTT money should
go toward societal reforms aimed at
reducing poverty.