How To Pay Off A Mortgage Early

Once you’ve asked if you should pay off your mortgage early, it is time to ask, how can I pay off the mortgage early? This is the fun part. Let me start off by saying that you shouldn’t need to pay someone or buy a product to help you pay off the house early. Instead, simply send the bank extra payments to add to your principal whenever you have money to pay towards the debt. [pullquote]Make … [Read more...]

Pay Off Mortgage Sooner, Invest, Or Save? The Math Analysis

I’ve previously written about this topic – should you pay off the mortgage early or invest – but I realize that post was sorely lacking the math.  Today, I want to take a deeper look at the discussion to give a more thorough answer to the question – should you pay off the mortgage or invest? Watch out! I’m about to unleash the geek inside and let him run some math with the calculator. This post … [Read more...]

Mortgage Refinance Tips & Free Mortgage Refinance Worksheet

Refinancing your mortgage could be a great way to save some money and even accelerate your house mortgage repayment.  Unfortunately, people commonly do a refinance in order extend their term and thereby lower their payments.  Any time your extend your term you are agreeing to pay more for the mortgage in the long term. Refinancing your mortgage could be a great financial move as long as you … [Read more...]