This is a brief case study investigating some of the practical pros and cons of paying extra principal on a typical 30-year mortgage. Depending on the real estate market in your particular area, you may wish to refer to the Home Loan Amortization activities: Activity 4D1 and Activity 4D2.
Download the 3 attached files: Activity 4D3 Instruction Sheet, Activity 4D3 Answer Sheet, and Financial Toolboxes.xls
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