Hi guys, Welcome to the Advanced Video Search Engine, and you are watching TRICK TO PAY OFF YOUR MORTGAGE FASTER!. That video is uploaded by Adnan Feroz at 2022-08-18T08:37:29-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [9FafmLuXzpc]
| Name | TRICK TO PAY OFF YOUR MORTGAGE FASTER! |
| Video Uploader | Video From Adnan Feroz |
| Upload Date | This Video Uploaded At 18-08-2022 15:37:29 |
| Video Discription | If you're looking to pay off your mortgage faster, there's a simple trick that can help you do just that. By paying a little extra each month, you can save yourself thousands of dollars in interest and shave years off your loan. Here's how it works: let's say you have a $300,000 mortgage with an interest rate of 4%. Your monthly payment would be about $1347, which includes both the principal and the interest. Now, let's say you decided to pay an extra $253 per month. That extra payment would go entirely towards the principal, which would save you thousands of dollars in interest over the life of the loan and shorten the loan term by seven years. Of course, you don't have to pay that extra $253 all at once. You could break it down and pay an additional $50 per week, or even $10 per day. Any extra amount that you can pay above your regular monthly payment will help you pay off your mortgage faster. So if you're looking to save money on interest and shorten the life of your loan, consider making a few extra payments each month. It may take some sacrifice in the short-term, but it will be well worth it in the end. 9FafmLuXzpc |
| Category | Education |
| Tags | pay off your mortgage faster | how to payoff your mortgage quickly | how to payoff your mortgage faster | how to payoff your mortgage | how to payoff your mortgage early | pay off your mortgage fast | mortgage payoff | how to pay off your mortgage early | how to payoff your mortgage in 7 years | school of personal finance | home mortgage calculator | pay off your mortgage |
