“Should I Make Extra Payments?”
After settling into your own home, you may be wondering how to pay off your mortgage faster – maybe you have some newfound financial flexibility or perhaps you’re looking to pay off a larger chunk of your mortgage before starting a family. Whatever the reasoning behind your questions, Kansas City Credit Union is here to explain why and how you can make mortgage payments on your house.
TWO BIG REASONS TO PAY EXTRA ON YOUR MORTGAGE
Making extra mortgage payments is a smart move for a couple of reasons.
HOW TO MAKE IT WORK
So you want to pay off your mortgage! Great! Check out these affordability calculators to see how much extra you can be paying; try the one by nerdwallet!
Not ready to set down the whole amount kit and caboodle? You can still pay extra on your mortgage without breaking your bank – or your back working to death. Here’s how to do it!
Of course paying off your mortgage early sounds amazing and Kansas City Credit Union can definitely help advise you in achieving that dream. However, keep in mind a few precautions when making plans to pay off your mortgage early:
Whatever your concerns, paying off your mortgage is feasible and KCCU is here to make it as easy as possible! Contact us today for more information!
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