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Up to 15 Years Off Mortgage Payment – World Latest News Headlines

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At LendingTree, we help you get the best possible deal on your loan, term. By giving consumers multiple offers from multiple lenders in minutes, we make comparison shopping easy. And we all know—when lenders compete for your business, you win!

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Pay fast to save a ton

A mortgage is officially repaid when you pay back what you borrowed — the principal. But, the amount of interest you pay to the bank is greatly affected by how long it takes you to make that final payment. In other words, you’ll be able to keep a substantial portion of your hard earned money with you by doing one thing: Pay off your mortgage fast. If you’re in a 30-year mortgage, switch to a 15-year mortgage. sound intimidating? It’s not – we’ll show you how.

Do the math (Banks wish you wouldn’t)

It’s a simple equation, but bankers don’t want you to solve it. After all, big banks make millions of dollars in interest. Avoiding it is not something that is in their best interest (pun intended).

Have you ever looked at the interest earned on your credit card, automobile or student loan statement and were shocked by the total you saw? It happens to people every day! Take this account from the borrower morningfinance.com: When he put pencil to paper, it was discovered that 72% of the monthly payment on a 30-year mortgage was going straight to interest. By Switching to a 15 Year Mortgage, that in $159,447.09 . could have saved net interest.

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Compare rates to get the most savings

By now you must have understood that your savings depend on your interest rate. There’s only one way to make sure you get the best interest rate available, and that’s by comparing rates from banks across the country. sound impossible? not with lending tree. LendingTree competes with banks for your business. The LendingTree website is fast, the service is free, and the results are yours without any liability. what are you waiting for? Halve your 30 year mortgage today and thank us later.

Here’s how you do it:

phase 1: Get started by clicking on the map below.

phase 2: Once you’ve read through some of the questions, you’ll have the opportunity to compare quotes from multiple lenders!

free paid estimate

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