Hello Jim!
12 Jul 97 08:27, Jim Dunmyer wrote to Steven Godbe:
 JD>  Another way to save BIG on housing costs is to pay it off early.
 JD> Paying an additional $40.00 is essentially making a double
 JD> payment, eliminating the next month's interest! You can save 10's
 JD> of thousands of dollars in this manner.
And, don't forget the bi-weekly mortgage payment, where paying two
monthly payments a month which add up to the same amount you'd have
paid once every month can save you tens of thousands as well.  Just
pick a mortgage provider who writes such paper.  There are some easy
compound interest formulas available off YAHOO.COM which illustrate
the 'principle' well, and also make it easy to find a paper writer.
Steven
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