pay off your mortgage faster
 

For those of you who have mortgages, here is a little trick:
http://www.letthesavingbegin.com/bor...ge-free-faster

I agree that frequency of payments can be increased. Period of mortgage can be shortened.

decent tips.

~Ray

Yeah .

I actually heard most of that a few years back from a friend that was an Underwriter for a Mortgage company.

She said paying half every 2 weeks is one of the best things that you can do.

yea these are good tips ... Whatever extra cash is left at the end of the month goes on the mortgage I don;t give 3 fucks of putting any $ away now ... at this rate a 180,000 mortgage i'll have it paid in 4 yrs!

Fuck the banks ... those dirty cock smokers can kiss my ass. :1orglaugh

It is mostly just paying extra. 4.5% is a great rate and most of us would like to borrow at that rate, not pay it off.

I pay mine every two weeks as well. Should take about 5 years off the original time. I should have it paid off in 20 years. Still a fucking long time. Ugg

I cant afford a mortgage...

good stuff :thumbsup

Maybe someone can shed some light on this.... 4.5% is a great rate to borrow at. Why would you want to pay that off earlier when you can do other things with that money your using to make extra payments. That combined with the tax write offs of the interest... it doesn't make much sense to me.

Also you have way more equity in your house if you were ever sued or something.