Kathy Visco
Residential Broker AssociateBeverly-Hanks, REALTORS®
Brevard, Downtown
Email: [email protected]
Cell: (828) 384-0339
Office: (828) 877-6006
Team Member Since 2019
About Me
Kathy brings an analytical and research-oriented approach to the local real estate industry. She has an educational background in Mathematics and Chemistry, as well as prior work experience as a Forensic Chemist with the New Jersey Police…Read More
Living the Life
What is my home worth?
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What’s the best way to pay off your house quickly?
Many plans exists for paying down a mortgage more quickly, but the underlying principal remains the same. First, be sure your lender allows prepayment without a penalty. Second, each time you add extra funds to your payment, include a note stating you want the funds to be directed at your remaining principal. A common plan is to pay half your mortgage every two weeks, leading to 26 payments a year. The 26 half payments will equal 13 monthly payments and knock off as much as eight years! If possible, consider an extra payment once a quarter, and you’ll have that house paid down in 20 years or less. Interested in exploring your options? Check out AARP’s Mortgage Payoff Calculator or call me and I can show you how to use your actual amortization tables to track your progress.
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