Paying Your Mortgage Faster

5 tips for paying your mortgage faster:

  1. Make biweekly payments instead of monthly. This will help pay off an extra month's worth of payments each year

  2. Round up your payment. Every little bit counts and this can add up over time.

  3. Make extra principal payments whenever you an/ This will reduce the overall amount of interest you pay.

  4. When interest rates drop, refinance to gran a lower rate

  5. Consider a shorter loan term. This may mean higher monthly payments, but you will pay it off faster and save interest.

And then, live mortgage free!