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why is payoff amount higher than loan balance on interest only mortgage?
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use extra cash to payoff High APR… info: Credit Card- 24%APR Balance- 2500 minimum payment $76/mo Mortgage- 6%APR Balance- 127,000 payment-$750/mo I understand it's usually best to payoff highest interest debt first, but i I'm wondering because putting extra money towards your…use extra cash to payoff High APR… info: Credit Card- 24%APR Balance- 2500 minimum payment $76/mo Mortgage- 6%APR Balance- 127,000 payment-$750/mo I understand it's usually best to payoff highest interest debt first, but i I'm wondering because putting extra money towards your…use extra cash to payoff High APR… info: Credit Card- 24%APR Balance- 2500 minimum payment $76/mo Mortgage- 6%APR Balance- 127,000 payment-$750/mo I understand it's usually best to payoff highest interest debt first, but i I'm wondering because putting extra money towards your…