It takes hefty payments to get ahead on a 15 year mortgage, but do so if you can afford to. Make sure you build up a cash reserve first! You should have at least enough money in the bank to pay all your bills for two months should you lose your job or be unable to work.
Remember, just because you're a couple of months ahead on your payments doesn't mean you get to skip a month if times get tough. The mortgage company expects to get paid every month regardless of how much you have left on the balance.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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