11.26.07

Save Money on Your Mortgage

Posted in mortgage at 10:00 am by admin

Although your home is usually your biggest asset, it can also be the biggest drain on your budget. By working towards an early mortgage payoff, you will initially spend more towards your mortgage over the next few years but save more on interest in the long run.

You will own your home in less than 30 years, and can live debt-free knowing that you always have a rent-free place to live. What would you do with the estimated $100,000 you save in interest by paying off your mortgage early?

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