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Millennium Communications Corporation
No two customers are the same, and because of that we offer a variety of solutions to fit your needs. We are your Communications Solution for the Future. Voice | Data | Video 505.830.3200 Albuquerque
505.982.5500 Santa Fe
877.378.3200 Toll Free
Financing Your Home >Your Mortgage
Many homeowners overlook the mortgage payment as a tool for financial management. They get the mortgage, move in, make the payments, and pay off the loan eventually. Smart homeowners know that by properly adding to their monthly payments, even by a small amount, they can substantially reduce the term of their loan, not to mention the total interest they will pay. In fact, prepaying one full year of a standard mortgage can save thousands of dollars in interest. The key is to do it properly and to find the right lender for whom prepayment is not a problem.
More progressive lenders allow the option to add money to the monthly payment which goes directly to the principal. How much should you add? It's largely a personal decision, and it depends on your cash flow. But be mindful of the fact that the mortgage interest rate is probably the lowest interest loan you will find, so don't short yourself with prepayment only to run up credit card debt!
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What is the world's oldest wooden structure?
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The oldest wooden buildings are the Pagoda, Chumanar Gate and Temple of Horyu in Nara, Japan, dating from A.D. 670.
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Alliance Pest Management Services
Save $30 on your initial Four Seasons or any Tactical Service Package! Coupons available during the Simon Evening of Giving at Cottonwood Mall.
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