> Owning your own home may be everyone's dream, but unless you
> can pay it off RIGHT AWAY ... Do any of you really realize
> how much money the banks and lending institutions and
> insurance companies are making off of you?

I'm a little late coming in on this thread, however there is one big piece
of advice I can give you - if you make 1 extra payment per year on a 30 year
note you will take 7 years off the mortgage life.  This is because as you
make your payments you are paying mostly on interest and then a little on
the principal.  The faster you pay down that interest the faster your
payments start going towards the actual house.

Hatton

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