Say I have a 30 year mortgage, and the monthly payments are $3000 a month. I find myself with extra money, and decide to pay $6000 one month. Will this cause the monthly payments to be lower in the future? Or will the monthly payments still be $3000/month, resulting in me paying off the loan in less than 30 years total?
Submitted February 12, 2023 at 03:43AM by _Veni_Vidi_Veni_ https://ift.tt/Bn78KPd
