Not exact matches
You can then
see how much interest you can save over the course of your mortgage by changing your mortgage rate, or by making
accelerated payments and lump sum
payments.
You
see, by making the
accelerated bi-weekly
payments, it's like you're actually making two extra
payments each year.
The right of a judgment debtor to
accelerate payment of part or all of the death benefit or special surrender value under a life insurance policy, as authorized by paragraph one of subsection (a) of one thousand one hundred thirteen of the insurance law [*
see below], or to enter into a viatical settlement pursuant to the provisions of article seventy - eight of the insurance law, is exempt from application to the satisfaction of a money judgment.
To
see exactly how much money a bi-weekly or weekly
payment plan can save you over the life of your mortgage loan, an online
accelerated mortgage calculator will do the figuring for you.
You can then
see how much interest you can save over the course of your mortgage by changing your mortgage rate, or by making
accelerated payments and lump sum
payments.
I did it because I wanted to
see where I stood with the program and to give us a little bit more breathing room to
accelerate payments on some other debt.
It is worth noting that we have
seen accelerated pressure over the past two years as the industry transitions to value - based
payments.