Sentences with phrase «prepayment on my existing mortgage»

Might be better served to use that money as prepayment on my existing mortgage.

Not exact matches

In conclusion, a homeowner should plan on paying an average of three to six percent of the outstanding principal in refinancing costs, plus any penalties for prepayment and the costs of paying off any existing second mortgages.

In conclusion, a homeowner should plan on paying an average of 3 to 6 percent of the outstanding principal in refinancing costs, plus any prepayment penalties and the costs of paying off any second mortgages that may exist.

Private or Second Mortgages make sense when clients do not want to lose their preferred rates on their existing mortgages, or if the prepayment penalties for the existing mortgages are too high, or if the funds are only needed for a short period or to consolidate biMortgages make sense when clients do not want to lose their preferred rates on their existing mortgages, or if the prepayment penalties for the existing mortgages are too high, or if the funds are only needed for a short period or to consolidate bimortgages, or if the prepayment penalties for the existing mortgages are too high, or if the funds are only needed for a short period or to consolidate bimortgages are too high, or if the funds are only needed for a short period or to consolidate bills etc..

In conclusion, a homeowner should plan on paying an average of 3 to 6 percent of the outstanding principal in refinancing costs, plus any prepayment penalties and the costs of paying off any second mortgages that may exist.