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Department of Labor Federal Credit Union

Should I Make Extra Payments on My Mortgage?
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By making extra payments on your mortgage you could build equity faster and reduce your amortization period, resulting in paying off your mortgage sooner, paying less interest overall and becoming an attractive risk for lenders. Use this calculator to find out if you should consider making extra payments on your mortgage.

Mortgage Information

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Extra Payments

Monthly Payment Information

Current
With Extra Payments
Principal & Interest
$0
$0
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Taxes & Insurance
$0
$0
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Mortgage Insurance
$0
$0
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Total Payment
$0
$0
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How extra payments will affect your mortgage.

Information

Department of Labor Federal Credit Union

Serving employees and contractors who work for the Department of Labor, their families and associated organizations. See website for details.

200 Constitution Ave
Rm S-3220
Washington, DC 20210-0001
(202) 789-2901
www.dolfcu.org

Resources

Resources

The HomeLoanLearningCenter.com provides step-by-step information on how to become financially literate.

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