Wednesday, May 23, 2012

How to Pay Off Your Mortgage Faster

Did You Know…

Saving thousands of dollars and shaving years off a mortgage is surprisingly easy.

Strategy #4

Take a shorter amortization

In addition to the strategies listed above, some home buyers choose to shorten their amortization period from the industry standard 25 years to 10, 15 or 20 years instead. The results slightly higher mortgage payments but significant interest savings over time.

Posted via email from Selling Cambridge with Clare DeJong

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