Grand Lake, Grove and Monkey Island real estate and homes for sale in Oklahoma, waterfront - Chuck and Victoria Perry, REALTORS® Chuck and Victoria Perry REALTORS(r) for Grand Lake, Grove and Monkey Island, Oklahoma real estate, waterfront - NUMBER1EXPERTS™ Chuck and Victoria Perry NUMBER1EXPERTS(tm) for Grand Lake, Grove and Monkey Island, Oklahoma real estate, waterfront
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Chuck and Victoria Perry, REALTORŪ, real estate agents and broker for Grand Lake, Grove and Monkey Island Oklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Financing Your Home >Home Free

Conventional wisdom says, "Don't pay off your mortgage early." Are you foolish to consider an early payoff? Absolutely not! By adding just $50 to $100 to your mortgage payment every month, you can save thousands of dollars in interest, pay off your loan quicker, and eliminate a major monthly expense.

The argument usually given against paying off a mortgage early is that you can make investments with your extra cash, such as mutual funds, stocks or bonds, which pay higher returns. This approach enables you to take the mortgage interest deduction and have easy access to your money, in case you need it. These are all definite pluses, but are not guaranteed savings results.

Any extra income which an investment might generate above your home equity appreciation can be offset by a bad year in the investment market. Investment earnings can virtually eliminate the income tax advantage of your mortgage interest deduction, since stocks and bonds are likely to generate a fair amount of dividends, interest income and capital gains.

It isn't as simple as conventional wisdom--consult a financial expert.

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Real Estate Trivia
Q 
Where would you go to visit the largest ancient castle in the world?

A 
You would travel to Prague, Czech Republic, to see the Prague Castle, built in the 9th century, with a total surface area of 18 acres.
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Chuck and Victoria Perry, REALTORŪ, real estate agents and broker for Grand Lake, Grove and Monkey Island Oklahoma home listings, property and land for sale - NUMBER1EXPERT(tm)

Chuck and Victoria Perry
RE/MAX Grand Lake

2330 South Main
Grove, OK. 74344
Office: 800 846-9888
Cell: 918 520-1982
Res.: 918 786-9435
Fax: 918 786-9890
Email: cvperry@NUMBER1EXPERT.com

Chuck and Victoria Perry are Experienced Professionals you can trust! They have built their reputations on practicing the values of honesty, integrity and service, with an unwavering commitment to excellence. Both are Brokers, CRS (Certified Residential Specialists) and GRI (Graduates of Realtors Institute).

CRSEqual HousingGRIMLSREALTOR


RE/MAX Grand Lake real estate and homes for sale in Grand Lake, Grove and Monkey Island Oklahoma

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