Episode Details

How to Pay Off Your Mortgage in Half the Time

Save thousands in interest and own your home sooner:

• Switch to Biweekly Payments: Making half-payments every two weeks adds up to one extra payment a year.
• Refinance Smartly: A lower rate can cut years off your loan.
• Use Windfalls Wisely: Apply bonuses or tax refunds to your principal.
• Make Small Extra Payments: Even $50 more each month reduces long-term costs.

The faster you pay, the more you save.

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