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How much extra can i pay on my mortage every year

 
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Shirley has just taken out a 30 year 170 000 mortgage with a fixed rate of 7 0 if the mortgage is paid off on schedule how much interest will she have paid over the 30 years
0     In Mortgage Cont.26

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    Q. How much extra can i put towards my monthly mortage to reduce the term?


    "You would be paying off your mortgage faster..."



    Depending on your lender, you can normally increase it by 5 to 20%. You would be paying off your mortgage faster. Good job !

    This answer closely relates to:
    • Shirley has just taken out a 30 year 150 000 mortgage with a fixed rate of 7 5 if the mortgage is paid off on schedule how much interest will she have paid over the 30 years
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    Can you help us by answering one of these related questions?
    1. What mortage can i afford 40k per year?
    2. Can you get a 5 year mortage for 30 years?
    3. How much approved for mortage 70 000 a year?
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    We need your help! Please help us improve our content by removing questions that are essentially the same and merging them into this question. Please tell us which questions below are the same as this one:

    Q: How much extra can i pay on my mortage every year?
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    • 72% - How much sooner would a 20 year mortage be paid off if you made one extra payment a year?
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    • 41% - I make 60 000 a year how much tax on 6 000 extra?

    The following questions have been merged into this one. If you feel any of these questions have been included in error help us improve our content by splitting these questions into seperate discussions. Please unmerge any questions that are not the same as this one:

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