[Estimated read time: 5 minutes]
Seven Ways to Paying Off Your Mortgage Early
Owning your home 'free and clear' is a homeowner's American dream. Some may argue that eliminating this debt, at a faster pace, may not exactly be the best use of your money. Depending on your stand, there are still a lot of homeowners that would love to be cut loose from this monthly debt.
Slow and steady will get the job done but if you just bought your home, thirty years is a long time to wait! Below we will cover seven tips on how to pay off a mortgage early.
1. Round Up Your Monthly Payment
There are a handful of creative ways that homeowners can slowly pay down the principal amount and start saving on interest. One quick and effortless way…