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Is it worth paying $600 more towards our principal a month?
Is it worth paying $600 more towards our principal a month? We have a house and are trying to cut back on the interest that we are paying. Currently owe 280,000 at 3.5% monthly payment is right under $1,300. We want to start paying $1,900 a month. We have been paying this since January of this year. How much would we save in interest? Would the $600 extra make a huge difference? We also plan on doing a ...
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