There’s no question that your monthly mortgage payment is a significant expense. With some hard work and commitment, you can figure out how to pay off your mortgage early.
Stop Eating Out
Instead of spending $10 a day on lunch, take leftovers to the office. With the money you save, you could increase your monthly mortgage payments considerably and pay it off years earlier.
Make Extra Payments
Try making an additional payment every three months. This could save you tens of thousands in interest and get rid of the loan more than 10 years faster. Even adding $20 to each payment will help you knock a few years off.
Give these two tips a try. You’ll notice a huge difference as the years go by.
