Thread: Money How broke are you?
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Old 06-17-2016, 01:52 PM   #555
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Quote:
Originally Posted by RunKC View Post
I do own a house (as of January) and plan to gain equity over time.
Make sure that you don't have a pre-payment penalty on your loan. If don't, see if you can add some extra principal reduction every month. If you're just a few months in and have a 30 year note, even a few hundred extra a month will save you thousands and thousands in the long run.
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