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With the Income You Need to Buy a Median-Priced Home rising, you may need to Learn About Adjustable Rate Mortgages to preserve affordability.

With the Income You Need to Buy a Median-Priced Home rising, you may need to Learn About Adjustable Rate Mortgages to preserve affordability.

I want to prepay my mortgage

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Q: Do I use HSH.com's mortgage calculator to see the effect of prepaying my mortgage?

A: While the amortization calculator is a great tool, it can only do simple prepayment schemes. If you have plans on making irregular or occasional prepayments, you'll want to download HSH.com's free Homebuyer's Calculator Suite, which allows for more complicated prepayment methods -- changing amounts, occasional or infrequent extra payments, and more.

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Keith Gumbinger
Keith Gumbinger
Mortgage Expert
Vice President, HSH.com
About Keith: Mortgage market observer and analyst with 35 years experience... (more)
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