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  2. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    Mortgage calculators are automated tools that enable users to determine the financial implications of changes in one or more variables in a mortgage financing arrangement. Mortgage calculators are used by consumers to determine monthly repayments, and by mortgage providers to determine the financial suitability of a home loan applicant. [ 2 ]

  3. Paying off debt early: Advantages and disadvantages - AOL

    www.aol.com/finance/paying-off-debt-early...

    Some loans have penalties for early repayment, also known as a prepayment penalty. While not every lender or issuer will charge this fee, it’s uncommon to see this listed on a lender’s ‘fees ...

  4. Should I pay off my mortgage early? - AOL

    www.aol.com/finance/pay-off-mortgage-early...

    However, paying off a mortgage early is not always the best idea, even if you have the money. Getting rid of your mortgage may sound great, making you want to pay down your debt as soon as possible.

  5. Prepayment of loan - Wikipedia

    en.wikipedia.org/wiki/Prepayment_of_loan

    Prepayment is the early repayment of a loan by a borrower, in part (commonly known as a curtailment) or in full, often as a result of optional refinancing to take advantage of lower interest rates. [ 1 ]

  6. Should I Pay Off My Mortgage Early? - AOL

    www.aol.com/finance/pay-off-mortgage-early...

    A mortgage is a significant monthly expense for many households, and paying off that loan early can help reduce interest paid as well as eliminate the debt early.

  7. Mortgage acceleration - Wikipedia

    en.wikipedia.org/wiki/Mortgage_acceleration

    Mortgage acceleration is the practice of paying off a mortgage loan faster than required by terms of the mortgage agreement. As interest on mortgages is compounded , early payments diminish the period needed to pay off the mortgage , and avoid a quotient of compounded interest.

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