The 6 Methods to Pay Off Your Mortgage Faster
There are only 6 ways to pay off your mortgage early and if you don't know them, you'd better be ok with leaving tens of thousands, sometimes even hundreds of thousands, of dollars on the table.
Now, some of these are great, some are not so great. It just depends on your financial situation and how badly you want to pay off your mortgage.
Regardless of your situation, however, there is always a way to pay off your mortgage that will work for you.
The 6 Methods To Pay Off Your Mortgage:
1 - Use the "Mortgage Loophole Report" that has recently been publicized (report info below)
2 - Get a biweekly payment plan (it may not sound like much but it actually will pay off your mortgage quite well)
3 - Make an additional payment to principle each month (the most common way to pay off a mortgage)
4 - Refinance to a 20 or even 15 year loan (the mortgage payment will increase but it'll get the job done)
5 - Make a lump sum mortgage payment to the principle (maybe with a Christmas bonus you get)
6 - Last on the list is to refinance at a lower rate. Your payment will be lower and you'll have more money to pay off your mortgage with. You probably get a million calls a day about refinancing, but I wouldn't recommend it unless you can see both mortgage pay off amortization schedules and total interest paid on both. You'll learn why in the Mortgage Loop Hole Report.
Before ever choosing which method that you'll use to pay off your mortgage you need to have a firm understanding of not only what the current sacrifice is but also of how much it's actually going to help you pay off your mortgage and cut interest.
Usually, the decision comes down to your family's future and your family's lifestyle. Ask yourself the following questions:
Do you have a retirement set up?
Do you have money for your kid's college?
Do you want/need a new car?
Do you or your spouse want to vacation?
And most importantly, how much money do you want top save and when do you want to pay off your mortgage?
If you're truly serious about saving money and want to pay off your mortgage fast, you'll find the perfect option.
Although this is just a basic overview of methods to pay off your mortgage, I've written several reports that go into further detail on these.
Also, if you truly want the insider secrets to save big bucks and pay off your mortgage lightening fast then check out "The Mortgage Loophole Report"
Now, some of these are great, some are not so great. It just depends on your financial situation and how badly you want to pay off your mortgage.
Regardless of your situation, however, there is always a way to pay off your mortgage that will work for you.
The 6 Methods To Pay Off Your Mortgage:
1 - Use the "Mortgage Loophole Report" that has recently been publicized (report info below)
2 - Get a biweekly payment plan (it may not sound like much but it actually will pay off your mortgage quite well)
3 - Make an additional payment to principle each month (the most common way to pay off a mortgage)
4 - Refinance to a 20 or even 15 year loan (the mortgage payment will increase but it'll get the job done)
5 - Make a lump sum mortgage payment to the principle (maybe with a Christmas bonus you get)
6 - Last on the list is to refinance at a lower rate. Your payment will be lower and you'll have more money to pay off your mortgage with. You probably get a million calls a day about refinancing, but I wouldn't recommend it unless you can see both mortgage pay off amortization schedules and total interest paid on both. You'll learn why in the Mortgage Loop Hole Report.
Before ever choosing which method that you'll use to pay off your mortgage you need to have a firm understanding of not only what the current sacrifice is but also of how much it's actually going to help you pay off your mortgage and cut interest.
Usually, the decision comes down to your family's future and your family's lifestyle. Ask yourself the following questions:
Do you have a retirement set up?
Do you have money for your kid's college?
Do you want/need a new car?
Do you or your spouse want to vacation?
And most importantly, how much money do you want top save and when do you want to pay off your mortgage?
If you're truly serious about saving money and want to pay off your mortgage fast, you'll find the perfect option.
Although this is just a basic overview of methods to pay off your mortgage, I've written several reports that go into further detail on these.
Also, if you truly want the insider secrets to save big bucks and pay off your mortgage lightening fast then check out "The Mortgage Loophole Report"
Source...