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Home Market Research Markets

How Extra Mortgage Payments Can Shave Thousands Off Your Debt

by TheAdviserMagazine
8 months ago
in Markets
Reading Time: 1 min read
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How Extra Mortgage Payments Can Shave Thousands Off Your Debt
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kudla / Shutterstock.com

Thirty years is a long time. If you’re chipping away at a mortgage each month, it can feel even longer. But what if you could eliminate that financial ball and chain by paying off your mortgage early? The truth is, if you can scrape together the equivalent of one extra payment to put toward your mortgage each year, you’ll take — on average — four to six years off your loan. You’ll also save…



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