Thirty years is a long time. If you’re chipping away at a mortgage each month, it can feel even longer.
But what if you could eliminate that financial ball and chain by paying off your mortgage early?
The truth is, if you can scrape together the equivalent of one extra payment to put toward your mortgage each year, you’ll take — on average — four to six years off your loan.
You’ll also save tens of thousands of dollars in interest payments.
Paying off your mortgage faster and eliminating that outstanding loan balance can free up money in your budget
