🤔 This is what happens when you pay an extra $200 a month #shorts

275.2K viewsPublished: November 11, 20220m 37sScore: 80
Pricing & Profitability
beginner
Profitability
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Summary

Sean Pan discusses the advantages of making extra principal payments on a mortgage. By paying an additional $200 per month towards the principal of a $300,000 loan, a borrower can save over $91,000 in interest payments and shorten the loan term by 6.5 years.

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