Thursday, July 31, 2008

Fact - Wrong Way Of Prepayment



There are 10 out of 100 borrowers are attempt to Prepayment.

It often, many borrowers would drawing their hard saving money to make an early payment (Prepayment). It objectives to reduce the heavy interest. But...

Oftenly unknowing the right way of prepayment, end-up many borrowers throwing away thier thousand of extra dollars into interest to the mortgage render. Favourably, the render put it as Advance Payment.

Hints: Only 1 out of 100 attempt does it right !