I ran across a good mortgage education web site run by a retired professor from the Warton School of Business.
The site features information on the numerous types of mortgages available and downloadable spreadsheet programs that allow you to evaluate your current mortgage, see the financial effects of paying additional money on your mortgage and other useful information.
The spreadsheets allow you to do "what if" evaluations of your existing mortgage (what if I doubled my principle payments each month) or a new one you might be considering.
Here is the link to the site: http://www.mtgprofessor.com/
Feel free to let me know what you think.
Richard
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Thanks for joining in the discussion.
Richard