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Prepay the Same Amount Each Month

7. November 2009

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Prepay the Same Amount Each Month

PLAN 2: EQUAL DOLLAR AMOUNT PREPAYMENT
Instead of adding an odd dollar amount each month, you may prefer to make what we call the Equal Dollar Amount Prepayment. This is a prepayment  which will be the same amount each month. Why the same amount each month? Some people prefer to make a prepayment of the same [...]

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