Quote:
Originally Posted by Gogar
You can accomplish the same thing in the same timeframe by:
Saving and paying 1 extra payment per year, or
overpaying by about 8-10% of your payment amount each month.
But, if you just want it to be automatic and not ever have to worry, and it's worth $945 to you, then why not?
|
I might actually do that too. Perhaps a principal payment at tax return time.