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[DSanner106 AT aol.com]

I agree, I realized that only 100.00 was going to principle on my mortgage  
and that kicking
in 100.00 extra essentially covered next months payment and shortened my  
mortgage by
a month. If you keep adding next months principle amount to your payment  you 
will pay off
in 15 years. Yes it escalates and gets tougher but you can plan for the  
increases and will be 
amazed at how you can find the extra money when motivated.
 
Drew
 
 
In a message dated 10/25/2008 11:40:19 A.M. Eastern Daylight Time,  
lisakvperry AT gmail.com writes:

Look at  your mortgage statement to see how much is paid to principal. It's
scary to  see how much applies directly to interest, so I don't recommend
doing this  often. ;)

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