We research, you save.

Homeowner's Guide to Prepaying Your Mortgage


Wondering what to do with that tax refund? It might just be an opportunity to save thousands of dollars in mortgage interest. In fact, a single one-time lump-sum prepayment in the early years of your mortgage can not only trim your costs, but it can carve years off your mortgage term.

Even adding as little as $10 per month to your current payment can save you thousands of dollars of interest. Before you start, though, you'll need to understand how and when to do so.

For a graphic example of how much money you can save, see this graph.

"Prepaying Your Mortgage," the latest booklet in HSH's "A Homeowner's Guide To" series, can help you understand how and when to prepay your mortgage to maximum benefit -- and when it's better not to. The 12-page booklet helps homeowners understand how to integrate their mortgage into a structured financial plan. "Prepaying Your Mortgage" is right for you if you've...

  • wondered if you should invest the money in stocks, or prepay, instead;
  • been considering whether to prepay or refinance;
  • been solicited by a firm who claims that they'll make your payment every two weeks, claiming tens of thousands of dollars in savings;
  • want to pay off your mortgage to meet a goal, like retirement;
  • would like a lower monthly payment on your ARM;
  • need to know how to calculate savings;
  • and lots more.

If you're a homeowner, "A Homeowner's Guide to Prepaying Your Mortgage" is for you. The booklet is available for $4 (money orders only) from HSH Associates (address below).

This booklet is offered to consumers for only $4 to cover printing, shipping and handling.

(Handled By 2checkout.com)

This booklet is also available in combination with our Homebuyers Mortgage Kit for an additional price of $2.



If you prefer, you can send a money order (sorry, no personal checks) to this address:

HSH Associates
Dept. PPY
51 Route 23 South
Riverdale, NJ 07457

Accredited media wishing to preview a copy should request a copy. Please include the name of your media outlet, your office address, and your e-mail address.

The booklets in the "A Homeowner's Guide To" series include:


Recommended Reading

  • image default

    10 healthy questions for single-family renters

    Here are 10 health-related questions you should ask landlords when moving into a single-family rental.
  • image default

    2013 mid-year mortgage market update

    This is our mid-year update to the 10 issues bound to affect the markets in 2013
  • image default

    HSH.com's 2013 Outlook: 10 Thoughts for ‘13

    In no particular order of importance, here are 10 issues bound to affect the markets in 2013.
  • image default
  • image default

    How to Find Better Business Bureaus

    Better Business Bureaus (BBBs) are nonprofit organizations supported primarily by local business members. The focus of BBB activities is to promote an ethical marketplace by encouraging honest advertising and selling practices, and by providing alternative dispute resolution. BBBs offer a variety of consumer services. For example, they provide consumer education materials; answer consumer questions; provide information about a business, particularly whether or not there are unanswered or unsettled complaints or other marketplace problems; help resolve buyer/seller complaints against a business; including mediation and arbitration services; and provide information about charities and other organizations that are seeking public donations.

Find Lenders in Your Area