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Is there any benefit to making extra mortgage principle payments if you don’t plan to be in a house long enough to reach the end of the loan?
Is there any benefit to making extra mortgage principle payments if you don’t plan to be in a house long enough to reach the end of the loan? Basically as the title says. As I understand, making extra mortgage principle payments only reduces total interest by reducing the life of the loan. But if you’re not in a house long enough to reach that point, is there any other benefit?
submitted by /u/blackhat118
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