If I pay 200 extra on my mortgage

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If I pay 200 extra on my mortgage

How fast will I pay it off? I am 3 years into the loan payments.

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Anonymous (not verified)
25-10-2014

1 Answers

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It depends upon your monthly payments & the loan amount. If you have paid downpayment less than 20% , then you might have to opt for pmi also. And your extra payments might be forwarded to escrow account. Ofcourse it totally depends upon the lender's policy.

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Anonymous | Asked on 2014-10-27

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