Assertion: mortgage's payment | /r/HasProperty | applied to principal
Facets:
value: in traditional mortgages
type: LOCATION
value: early in the loan term
type: TEMPORAL
value: directly
type: MANNER
value: in a timely manner
type: MANNER
Source sentences:
text: Extra payments are applied to principal.
text: Whichever route you take, make sure your lender confirms any extra payments are being applied to the principal in a timely manner.
text: Extra payments applied directly to the principal early in the loan term can save many years off the life of the loan.
text: In traditional mortgages, payments are applied to both interest and principal.
text: However, you must confirm that the extra payments are applied to the principal, and make sure you’re not subject to prepayment penalties.