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What Are the Benefits of Overpaying Your Mortgage? | Home Guides ...
If you have recently refinanced into a lower mortgage rate or received a raise at work, you might find you have some extra cash each month. Your options are .
http://homeguides.sfgate.com/benefits-overpaying-mortgage-7628.html

What?

The Benefits of Overpaying a Mortgage | eHow.com
The Benefits of Overpaying a Mortgage. Many borrowers simply pay the minimum each month for their mortgage payment and do not reap the rewards of .
http://www.ehow.com/list_6072871_benefits-overpaying-mortgage.html

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Should I Repay my Mortgage?: Is it worth using savings to repay ...
Sep 20, 2011 . Should I pay off my mortgage with my savings? . Tax & Benefits News . You needn't switch to them right now (as overpaying your mortgage .
http://www.moneysavingexpert.com/mortgages/mortgages-vs-savings

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A guide to how to pay off your mortgage early | This is Money
Jun 29, 2011 . Paying off your mortgage early is one of the best investments you can . over benefit cuts Housing benefit cuts are threatening the buy-to-let .
http://www.thisismoney.co.uk/money/mortgageshome/article-1585690/A-guide-to-pay-mortgage-early.html

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The Effect of Overpaying a Mortgage - Budgeting Money
Lower Interest. One of the most attractive benefits of overpaying a mortgage is that you reduce the amount of interest you have to pay over the life of the loan.
http://budgeting.thenest.com/effect-overpaying-mortgage-3951.html

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Overpayment - | #1 Mortgage Magazine | Compare Mortgages ...
Mortgage Calculator - What if I over pay my mortgage? . Free Newsletter. Register for your FREE weekly What Mortgage newsletter and get: The latest .
http://www.whatmortgage.co.uk/mortgage-calculator-what-if-i-over-pay-my-mortgage/

Mortgage Over-Payments: Should I Pay-Off My Mortgage or Focus ...
Having read on This is Money that just by over-paying their mortgage by an . of the mortgage by six years, the benefits to be gained from over-paying mortgage .
http://www.moneysavingchallenge.com/mortgage-overpayments-should-i-payoff-my-mortgage-or-focus-on-saving/

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How to take years off your mortgage | Money | The Guardian
Apr 9, 2011 . Homeowners are overpaying their mortgages at a record rate. . want to take advantage of the current low rates to pay down their biggest debt.
http://www.guardian.co.uk/money/2011/apr/09/take-years-off-your-mortgage-overpaying

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Paying More on Mortgage
Would your customers benefit from a free mortgage calculator on your website? . Simply by making an additional payment over the life of a 15-year mortgage .
http://www.mortgagecalculator.org/helpful-advice/save-by-paying-more.php

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Paying Off Your Mortgage | Truthful Lending
Apr 11, 2008 . In fact, on a $200000 mortgage, at 6%, over 30 years you'll pay over . Put another way, the benefits you could have received by taking an .
http://truthfullending.com/paying-off-your-mortgage/

Overpaying a mortgage - Why it's critical to understand ...
Got a mortgage? Then make sure you understand what overpaying is, how it works and why it's one of the most effective personal finance strategies. Plus, learn .
http://www.learnmoney.co.uk/mortgages/repayment.html

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Pay off your your current mortgage deal in 10 years!
Feb 20, 2010 . Assuming you can benefit, it gets even better. . (You can work out the impact of overpaying your own mortgage quickly and easily with .
http://www.lovemoney.com/news/property-and-mortgages/mortgages/3518/pay-off-your-your-current-mortgage-deal-in-10-years

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Overpaying your mortgage - Moneyextra.com
Use the 'Overpaying your mortgage' calculator to see how overpayment and early repayment of your mortgage could potentially save you £thousands in interest .
http://www.moneyextra.com/mortgages/calculators/overpaying-your-mortgage.php

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Should I Overpay on My Mortgage? | money.co.uk
In many cases overpaying on your mortgage will save you money in the . worth finding out exactly when this is in order to maximise the benefit of overpaying.
http://www.money.co.uk/article/1004009-should-I-overpay-on-my-mortgage.htm

Definitions
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Affiliates

Save money by overpaying - Your Mortgage
Feb 25, 2010 . The benefits to be had from overpaying your mortgage can be so significant that it is often surprising how few borrowers actually do it. With the .
http://www.yourmortgage.co.uk/news/3626565

Nonaffiliates

Overpay to save money, mortgage borrowers told | Money | The ...
Jul 19, 2009 . The advantages of overpaying are considerable. Provided your lender calculates mortgage interest on a daily basis, rather than annually, .
http://www.guardian.co.uk/money/2009/jul/19/mortgages-overpay-debt-interest-rates

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A Great Argument For Paying Off Your Mortgage Rather Than ...
The debate over paying off your mortgage early versus investing the extra money into the stock market . Tax benefits are wonderful when you have a mortgage.
http://www.moneycrashers.com/a-great-argument-for-paying-off-your-mortgage-rather-than-investing-the-extra-money/

  • Mortgage overpayment | It could save you thousands | Credit Choices
    Nov 25, 2011 . Mortgage overpayment - pay off your mortgage quickly and save thousands . This guide shows you the best way to save thousands of pounds by overpaying your mortgage. . What are the benefits of overpayment? Is paying .
    http://www.creditchoices.co.uk/mortgages/guides/mortgage-overpayment-guide.html

Other important information

Financially Digital - Blog - Save on Mortgages by Overpaying
Feb 14, 2012 . Perhaps the biggest benefit of overpaying each month on your mortgage is the long-term saving you will make from additional interest .
http://financiallydigital.com/blog/2012/2/14/save-on-mortgages-by-overpaying.html

Overpaying mortgage vs putting money in savings account | pockit.com
Aug 25, 2011 . Overpaying mortgage vs putting money in savings account - read and . Pay as you go prepaid card · How it works · Additional benefits · Why .
http://www.pockit.com/forums/f10/t181/overpaying-mortgage-vs-putting-money-in-savings---/

Mortgage Overpayments Nationwide Remortgage Overpaying
Find out how to save £1000's by overpaying your Nationwide mortgage or remortgage. Nationwide's mortgages overpayments could allow you to reduce your .
http://www.nationwide.co.uk/mortgages/existingcustomers/overpayments.htm

Will overpaying my mortgage work against me? | This is Money
Jun 3, 2011 . Will overpaying mortgage hamper me? . and a job loss means the family are struggling financially will they benefit or lose out from prudence?
http://www.thisismoney.co.uk/money/experts/article-1725222/Will-overpaying-mortgage-hamper-me.html

Analysis Shows Homeowners Overpaying an Average of $471 per ...
Feb 23, 2012 . Analysis Shows Homeowners Overpaying an Average of $471 per month . However, refinancing to take advantage of a lower mortgage rate .
http://www.creditsesame.com/blog/6-million-homeowners-overpaying-an-average-of-471mo/

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Should I overpay my mortgage or save my money? | Talk Money Blog
Feb 27, 2009 . So for a higher rate tax payer the benefits of overpaying your mortgage are substantial more cost effective and it is just as cost effective for lower .
http://talkmoneyblog.co.uk/should-i-overpay-my-mortgage-or-save-my-money/

Refinance and Overpay to Pay Off Your Mortgage Faster
Sep 21, 2011 . Last week, I talked about refinancing your mortgage to improve cash flow, but without . For now, we'll set aside the debate over whether you should pay off your . Any further increase in extra principal payment benefits the .
http://www.fivecentnickel.com/2011/09/21/refinance-and-overpay-to-pay-off-your-mortgage-faster/

Special notice for residents of California

Don't overpay your mortgage - Property & Mortgages, Personal ...
Apr 27, 2010 . IS it a good idea to overpay your mortgage at the moment, if you can afford it? . to repay their mortgage and have benefited hugely from the still low, but . are currently overpaying their mortgage to provide themselves with a .
http://www.independent.ie/business/personal-finance/property-mortgages/dont-overpay-your-mortgage-2153629.html

Special notice for residents of Vermont

Make overpayments - Bradford & Bingley Mortgage Express
While there are clear financial benefits to overpaying your mortgage, you should not overpay more than you can afford and always consider the alternative uses .
http://consumer.bbg.co.uk/homeowners/make-overpayments.aspx

Special notice for residents of Texas

Overpayment calculator - here - MoneySavingExpert.com Forums
Feb 22, 2006 . Overpayment calculator - here Mortgage-Free Wannabe. . Tax & Benefits News . a letter telling me the monthly payment required to repay my mortgage over the original term is £725.75, why do all the mortgage calculators .
http://forums.moneysavingexpert.com/showthread.php?t=155707

Overpaying mortgage but wish to revert to original schedule EBS ...
I have posted before and mentioned that we have been overpaying ppr mortgage to the tune of about €750/800 per month. Original term was .
http://www.askaboutmoney.com/showthread.php?t=168060

benchmark mortgage resume† to access a printable version of the benefit of over paying mortgage Privacy Notice

Revised: May, 2011

Online Privacy Practices

Insane benefit of a rarely used financial tactic - overpaying a mortgage
Sep 25, 2011 . Often overlooked financial option Homeowners in a down economy often look to meet their financial obligations and rarely is a loan taken out .
http://agbeat.com/finance/insane-benefit-of-a-rarely-used-financial-tactic-overpaying-a-mortgage/

Mortgage guide: essential information on mortgages from uSwitch
With an interest-only mortgage your monthly repayments just pay the interest, and . What are the advantages and disadvantages of a repayment mortgage? . an interest-only mortgage and there may be fees for overpaying your mortgage.
http://www.uswitch.com/mortgages/mortgage-guide/

How Mortgage Overpayment Is Applied? | eHow.co.uk
Other lenders may impose hefty penalties when homeowners begin prepaying a mortgage, and these additional costs can negate the benefit of overpaying.
http://www.ehow.co.uk/info_7747717_mortgage-overpayment-applied.html

Points - Discount Points And Your Mortgage - Calculating and ...
Finally, you may get some tax breaks by paying points. Depending on your transaction, you may get tax benefits in the year you pay points, or over a number of .
http://banking.about.com/od/mortgages/a/discountpoints.htm

The Effects of Overpaying a Mortgage | eHow.com
The Effects of Overpaying a Mortgage. According to consumerreports.org, overpaying on a home mortgage has many benefits and few drawbacks.
http://www.ehow.com/list_6689797_effects-overpaying-mortgage.html

BBC NEWS | Business | Mortgage overpaying rises at bank
Jan 21, 2009 . But the Council of Mortgage Lenders said it encouraged overpaying . have been advising homeowners to use the tactic to take advantage of .
http://news.bbc.co.uk/2/hi/business/7843221.stm

Mortgage Calculators | How Much Can I Save By Overpaying
How much can you save by overpaying on your mortgage? Find out using our easy mortgage calculator. Use this calculator now…
http://www.lcplc.co.uk/calculators/effect-of-overpayments/

What Are the Benefits of Paying Your Mortgage Biweekly? | Home ...
While it may not be to everyone's taste, the financial benefits can be quite appealing. . With a 30-year $250000 fixed-rate mortgage, you end up paying over .
http://homeguides.sfgate.com/benefits-paying-mortgage-biweekly-7618.html

Owning vs. Renting
While not right for everyone, the advantages to owning a home are evident for . often building equity (the difference in how much the home is worth over how . Find out your monthly mortgage payment using our payment calculator to get the .
http://www.homeloanlearningcenter.com/YourFinances/OwningversesRenting.htm

Last Revised: December, 2010

Moneysavingexpert Martin Lewis on how to be mortgage free ...
Jan 24, 2012 . Martin Lewis, founder of moneysavingexpert.com, says that overpaying your mortgage could be the best decision you make. Martin Lewis .
http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/9034521/Moneysavingexpert-Martin-Lewis-on-how-to-be-mortgage-free.html

How to Avoid Overpaying For Your:
first to die policy on a declining benefit basis. This means that if one of a husband or wife die, the mortgage is paid off. If the mortgage has been in place for .
http://www.hmli.ca/download/Mortgage-Report-2.pdf

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How I Paid Off My Mortgage (Free Money Finance)
Jan 10, 2008 . I think over the long run you will make out better mortgage-free. . The other benefit, of course, is the de-leveraging effect of paying off the .
http://www.freemoneyfinance.com/2008/01/how-i-paid-off.html