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How to Pay Off Your Mortgage Faster

posted May 26, 2017, 2:41 PM by Donna Telep

Purchasing a home is a major achievement and the largest investment most of us will ever make. Now the next accomplishment is to pay down that mortgage.

Once you have a mortgage it is so easy to forget about it, as the payments are automatically withdrawn.

So here are a few easy ideas to help you do that faster:

1.   Accelerate your payments to bi-weekly.

2.   Round up your payments to the next $10.00 increment.

3.  Make pre-payments; you can pay as little as $100.00 on any payment date.

4.   Increase your payment when you get a raise.

 If you want to save a lot of interest, call today and I will show you how.