http://mortgageupdates.net/archives/2006/11/11/seven-mistakes-mortgage-and-money Mortgage News and Info - Interest Rates, Home Equity Loans, etc. Fri, 05 Dec 2008 10:13:07 +0000 http://wordpress.org/?v=2.6.3 http://mortgageupdates.net/archives/2006/11/11/seven-mistakes-mortgage-and-money#comment-2319 Howard Young Mon, 13 Nov 2006 02:24:58 +0000 http://mortgageupdates.net/archives/2006/11/11/seven-mistakes-mortgage-and-money#comment-2319 Looking back over the past 12 years of paying off my mortgage, I always made the practice of rounding up to the next $100 when making a payment. Not only does it make it easier to write out the check (e.g., One thousand six hundred instead of One thousand five hundred forty-five and 89/100), the extra $50 in principal saved a lot money in interest payments. Looking back over the past 12 years of paying off my mortgage, I always made the practice of rounding up to the next $100 when making a payment. Not only does it make it easier to write out the check (e.g., One thousand six hundred instead of One thousand five hundred forty-five and 89/100), the extra $50 in principal saved a lot money in interest payments.

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