Pay Your Mortgage Off Faster With These Money-Smart Strategies

October 4, 2017 by John · Leave a Comment 

As with any loan or line of credit, there are benefits to getting your mortgage paid down. You’ll pay less in interest, potentially saving thousands over the repayment period. Moreover, you’ll own your home outright that much quicker. Let’s explore four money-smart strategies that will help you to pay your mortgage off faster.

Finding Your Latte Factor: 3 Ways to Find the Money to Make Extra Mortgage Payments

August 8, 2017 by John · Leave a Comment 

It’s not uncommon for a homeowner to want to pay more than the minimum monthly mortgage payment on their home. However, just because it can seem hard to come up with the funds on a monthly basis doesn’t mean it’s not possible to find the money for extra mortgage payments each year. If you’re wondering how you can pay down your mortgage debt much sooner with extra money, here are some tricks you may want to try.

How to Give the Ultimate Christmas Gift: Paying Off a Family Member’s Mortgage

December 2, 2015 by John · Leave a Comment 

Christmas is just around the corner, and if you’re in a position to do it, paying off a family member’s mortgage is one of the biggest gifts you could give this holiday season.

The Pros and Cons of Using Spare Funds to Pay Your Mortgage Down Faster

July 9, 2015 by John · Leave a Comment 

A home mortgage payment can be a large or even the largest expense in a person’s budget, and not having this payment any longer can be a life changing experience.

Save Some Additional Cash with Our Guide to Lowering Your Monthly Mortgage Payment

May 14, 2015 by John · Leave a Comment 

If you are like many other homeowners, your home mortgage payment is the single largest expense in your monthly budget. This is a fixed expense that you will typically be responsible for until your loan is paid in full or until you sell your home, and you may have a 15, 20 or even 30 year term on your mortgage.

How Does Making Lump Sum Payments Affect Your Mortgage? Let’s Take a Look

April 15, 2015 by John · Leave a Comment 

Periodically, many homeowners will receive a rather sizable amount of extra cash. This may be from a bonus from your employer, a refund on your tax return, a financial gift from a relative or something else altogether. Before you make your decision about how to spend your money, consider what impact your lump sum payment will have on your mortgage.

3 Easy Ways to Put Aside a Bit of Extra Cash So You Can Pay off Your Mortgage Faster

March 6, 2015 by John · Leave a Comment 

If your personal budget is similar to many other people’s budgets, your home mortgage payment is by far the largest expense that you pay for each month. In fact, this payment may easily account for 20 or 25 percent or more of your take-home income. Understandably, you may be focused on trying to pay this expense off early.

Budgeting: How to Manage Large Mortgage Payments when Buying a Costly, High-Value Home

January 14, 2015 by John · Leave a Comment 

If you are preparing to take on a larger mortgage payment that is reasonably manageable for you, you may do so with greater confidence when you follow a few tips.

Mortgage Payments Fall To All-Time Lows

June 12, 2012 by John · Leave a Comment 

Today’s mortgage rates are a bargain as compared to just 1 year ago.