How Much Equity Will This Pay Off in The First Month

How Much Equity Will This Pay Off in The First Month

This varies widely because it depends on the size of the mortgage, interest rate, difference between the old and new mortgage, whether the flex line strategy is used and more. However, our student samples show the average student pays 800% more money toward principal in the first month compared to the old way. This of course adds up quickly, paying off the loan much sooner - all while without taking extra money out!

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