Check out this video and learn how making small extra payments towards your principle each month can help you shave off years from the life of your loan, save you thousands of dollars in interest over time, and ultimately help you increase your equity all at the same time. See what paying an additional $50 per month can do for you in the long term, and see what paying even more will do! You will be amazed at the savings.
If you would like me to run a specific scenario for you and your home, simply email or call Robert Mack and we will be happy to answer any specific questions.
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{ 2 comments… read them below or add one }
This is great advice. The hardest part is actually doing it. For some reason if I dont have to pay it, I usually find another way to spend it. I really need to have the extra money come out automatically so I don’t even realize its gone.
I agree! It’s not easy, however creating that discipline and making the extra payments each month can result in huge benefits over the years, especially if you already have a great interest rate and don’t plan on moving for a long time! I tell my clients to skip out on starbucks a couple days a week or don’t eat out as often and that makes all the difference! thx for your feedback!