You can save a significant amount of mortgage interest paid if you make one additional principal and
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You can save a significant amount of mortgage interest paid if you make one additional principal and interest payment a year. This will reduce a year mortgage by around years. It also increases your equity in the home faster. If you choose to pay one additional mortgage payment a year by paying of it each month make certain to note the extra money is to reduce principal how much will you pay each month for a mortgage of $ at for years? Do not round intermediate calculations. Round your answer to decimal places.
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