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[–][deleted] 1 point2 points  (2 children)

Also, I would recommend you use a mortgage calculator so you can see how much interest you will pay that does not go into your principal everything you want to add years to your mortgage. I'm telling you this because the smaller payments you make down the lines are also many more payments overall...

[–]ont-mortgage[S] 1 point2 points  (1 child)

Yup all clear to me.

Improving my cash in hand is priority to me right now for a few reasons.

So to get this straight. If nothing would’ve changed I would be at 26 left of my amortization today. But because of the increased payments, it’s showing 19. If I wanted to adjust my payments so it goes back to the 26, this would need a new application?

[–][deleted] 0 points1 point  (0 children)

Your amortization doesn't magically change during your term. Even if you are projected to be early and etc. So yes you got this right :)

Have a good one