How to Pay Off Your Mortgage Faster

Paying off your mortgage early can be a great investment.  Not only do you get the banks off your back but it frees up cash to be put towards other investments and most importantly it saves you thousands of dollars in interest.  Most people don’t know this but if you let your mortgage run for the full 30 years you will end up paying the banks almost as much in interest as it cost you to buy the house in the first place!!!  You can see why the banks make so much money!!!

In a nutshell, paying off your mortgage quickly is not rocket science, there are only two things you need to do.  Firstly, you need to find the cheapest home loan you can.  Then you need to make as many extra repayments as you can, as quickly as you can.  This two pronged approach means not only is it […]