Williamsdmvproperties

No two homes or situations are the same. The goal isn’t perfection. The goal is to position your home to attract the right buyers at the right price.

A clear plan makes all the difference!

Message us to schedule a call for a personalized strategy for your home!

✅Does my loan have a pre-payment penalty?✅

Making just ONE extra payment every year can shave years off of your mortgage and save THOUSANDS in interest

Take this client, who has a 30-year mortgage of $400k at 6% interest rate. The total interest paid over the loan term is approximately $463,355 without extra payments.

With ONE extra payment of $2,400 each year (or $200/mo), the interest would drop to $368,734, and the loan would be paid off five years earlier than the original term.

And the savings hitting their pocket? $94,619 over the life of the loan.

BUT make sure you ask your lender about pre-payment penalties! Penalties can be steep.

Check with your lender so you can save on your timeline.