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Shawn from the book has learned a lot! Let's look at Shawn's mortgage from a different perspective, an interest savings over … [Read more...] about Mortgage Basics: Interest Savings

Shawn from the book has learned a lot. That last bullet point is worth repeating. The earlier you make a prepayment, the more … [Read more...] about Mortgage Basics: Summary

In two scenarios, Shawn prepays $10,000 towards his mortgage. Let's compare. In both scenarios, Shawn prepays $10,000. … [Read more...] about Mortgage Basics: Y2 vs Y18

Shawn saves his money and decides to make a prepayment in Year 18. Shawn decides that he make a pre-payment of $10,000 to his … [Read more...] about Mortgage Basics: Year 18 Pre Pay