The Stacking Benjamins Show cover image

The Important Role of Kindness and a Little Math When Stacking Benjamins (SB 1500)

The Stacking Benjamins Show

CHAPTER

Debate on Recasting Mortgage and Making Principal Payment for Faster Mortgage Payoff

Exploring the choice between mortgage recasting and principal payment, this chapter covers the mechanics and benefits of recasting for achieving specific payment goals. Discussions include scenarios for lower monthly payments, historical examples of rate reductions, and strategies for accelerated mortgage payoffs amidst changing interest rates.

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