Get That Mortgage Paid Off

May 19, 2008 @ 12:33 pm by CND

If you are trying to pay off your mortgage quicker then, let’s say, 30 years, there are a few things you can do. First of all, you need to make sure you don’t have any other large debts that might get in the way. You will most likely want to be financially secure before you embark on this.

  • Pay More Often: Remember, this is only if you can afford it. By making bi-monthly payments, you can pay off your mortgage that much quicker.
  • Lump Sums: Whether this is a tax return or a bonus check, if you can, put it all towards your mortgage.
  • Money Merge Account: This is a great way to pay of your mortgage. Basically, a money merge account from U First uses every extra dime towards your mortgage. This is assuming that you don’t spend every paycheck. You need a positive cash flow.

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a comment