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Why you should make bi-weekly mortgage payments Making a payment to your mortgage every two weeks rather than once a month can potentially get your mortgage paid off years earlier, saving you a significant amount in interest payments. Here are a few reasons why you should consider setting up ...
No matter what type of mortgage payment you want to make, you'll find all the information you need here. Make a lump sum overpayment About lump sum overpayments Set up a regular overpayment About regular overpayments Make your monthly mortgage payment ...
March 19, 2025, at 2:27 p.m. Save More Options When You Can't Pay Your Mortgage More Getty Images When you find you can't make your mortgage payments, contact your lender to discuss options that may help you get back on your feet without losing your house. Key Takeaways It's imp...
Extra Mortgage Payments May Make Sense
Mortgage payments rarely end in an even multiple of $100 and zero cents. By rounding up to the next $100 and putting the difference towards principal, you’ll end up paying less in interest. For instance, if your current payment is $1,527 per month, you can pay $1,600 per month. ...
Aside from a mortgage, it’s usually a good idea to pay down any debt you may have before setting aside money for savings. A budgeting plan can help you reduce your expenses so you can tackle your debt payments. These two methods are helpful to know when paying down debt: ...
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