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| "20 + 20" Prepayments |
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| The
first "20" lets you increase your mortgage payment by up to
20% once each year. The second "20" lets you prepay up to
a total of 20% of your original mortgage loan each year in
minimum amounts of $100. Try different scenarios and see which
is best for you. |
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| How to use it... |
| 1.
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Complete the info
about YOUR SITUATION. |
| 2.
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Fill out the information
for either THE FIRST "20" or THE SECOND "20". |
| 3.
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Click the Calculator
button for the option you want to test. |
| 4.
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To try again with
different numbers, type over your old numbers, or click CLEAR.
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