Tag Archives: interest payments

Fixed Rate Or Variable Rate

Posted in: Payless Penalty | April 23, 2013 at 4:53 pm, by admin

Fixed or variable rate mortgage. How’s your stomach for risk? When you take out a mortgage you have the choice of borrowing at a fixed or a variable interest rate. What’s the difference...

Long amortization means more interest

Posted in: Payless Penalty | April 1, 2013 at 5:29 pm, by admin

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Shorten that amortization period. And save a bundle on mortgage interest. One of the tough choices you’re faced with when setting up your mortgage is deciding on the amortization period, or how long...

Pay your mortgage off faster

Posted in: Payless Penalty | March 18, 2013 at 2:12 am, by admin

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Pay your mortgage off faster. And reduce your mortgage penalty at the same time. Looking for a way to reduce your mortgage penalty? It’s simple; pay your mortgage off faster! Before we look...