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HOUDINIJ

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SHOULD I APPLY MORE MONEY TO MY PRINCIPAL OR MY ESCROW

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Always Apply any extra monies to your Principal!  

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PRINCIPAL!!!!  An extra 100.00 per  month will knock 10 years off my 30 year mortgage, and increases the equity in my home more quickly.  Escrow is held for things like taxes and insurance...why let "them" earn on your money by holding on to "extra"?

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