Do You Have a Real Estate Related Question? We Will Email You an Answer Quickly. As top Lake Ozark, Four Seasons, Osage Beach and Lake of the Ozarks real estate experts, it's our job to help! Please take advantage of our experience and knowledge. Ask us anything about: - Any particular home that is or was on the market. - Neighborhoods and local market trends. - Local demographics and the economy. - Tricks and traps when buying real estate in this area. - Special tax considerations regarding real estate. - Specific questions about contracts, escrow, and closings. - Anything real estate! It's our job to know EVERYTHING about real estate! Ask us anything. There are no dumb questions! It's FREE, and we promise to get back to you quickly... 
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 land did the U.S. Government buy for $7.2 million?
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In March 1867, the US bought all of Russian America (Alaska) from Russia. |
 See More Real Estate Trivia > |
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Greg Tolbert & Tim Tabor
Reece and Nichols Al Elam Real Estate
2860 Bagnell Dam Blvd.
Lake Ozark,
MO 65049
Office -Phone:: 800-356-2311
Greg Tolbert: : 573-280-1219
Tim Tabor: : 573-480-4464
Fax: : 573-365-2310
Email:: gregtolbert@NUMBER1EXPERT.com
Tim Tabor has been a realtor at the Lake of the Ozarks area since 1978. Greg Tolbert has been a realtor at the Lake of the Ozarks since 1996. With over 48 years of combined service you are guaranteed to get the best!
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