4 Simple Ways to Pay Off Your Mortgage Early — The Motley Fool – 1. Switch to a biweekly payment. Instead of making one monthly payment, you can make a half-sized payment every two weeks. In other words, if your usual mortgage payment is $1000 a month, you would instead pay $500 every other week.

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Bi-weekly Payments: The Secret to Paying off Your Mortgage. – You can pay it off early with a simple little trick.. If you pay bi-weekly, you’ll end up making an extra payment per year and thus paying off your mortgage early. You’ll also be knocking out interest, so more money goes towards the principal balance.

Bi-weekly Payments: The Secret to Paying off Your Mortgage. – You can pay it off early with a simple little trick.. If you pay bi-weekly, you’ll end up making an extra payment per year and thus paying off your mortgage early. You’ll also be knocking out interest, so more money goes towards the principal balance.

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8 Ways to Pay Off Your Mortgage Years Earlier | US News – Some are better off using the money elsewhere, but extra payments and refinancing can do a number on your mortgage. Early in a mortgage, most of your regular payment goes toward interest. According to calculations by Bankrate.com, if you added an extra $100 to your payment of a new $100,000 30-year mortgage at 4.5 percent interest, you’d pay off the mortgage eight and a half years early and save more than $26,300 in interest.

4 Tricks To Shave Years Off Of Your Mortgage & Pay Off Early – Pay Off mortgage early tip #2: Refinance to a Shorter Term Thirty years is a long time. If you have a 30-year mortgage, your payoff date may seem like a generation in the future.

Should I Pay Off My Mortgage Early Or Invest? – FrugalDad.com – In a typical week I receive variations of this same question several times via email, comments and from followers on Twitter: “Should I Pay Off Mortgage Early or.

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How To Pay Off Mortgage Early | 4 Effective Strategies – Some folks might try to help you pay off your mortgage using tips and tricks – like making biweekly mortgage payments. At the end of the day, the fastest way to pay off the mortgage is by finding, making, and applying more money to the principal. You can use a mortgage repayment calculator to help you calculate the money you can save.