Mobile Home Doctor


About the Doctor

   

Mobile Home Loan Links

Loan Terms

Life of a loan

What if I'm Late?

What if I pay early?

Up Side Down

 

Mobile Home Center Links

Search Mobile Home Center

Site Map

Feedback

Contact Us

 

 

Mobile Home Financing & Loans
What if I make my payments early?

Early payments make loans work a lot better!  Early payments reduce the length of the loan and will save you thousands of dollars in interest costs.  You may have heard loan reduction plans that promise to save you big bucks on your loan.  They are based on the fact that most loans call for monthly payments and many people get paid every two weeks.  If you start making your payments every other paycheck early in the life of a loan, you accelerate the loan payoff. 

Early payments also keep your lenders happy, and will improve your credit score if your lender reports to the credit bureau monthly. 

Perhaps most importantly, it will get you out of the "Up Side Down" trap before that messes up your life.

 

     
  © 2007 Mobile Home Center LLC