If you have a 30-year fixed-rate mortgage, you're locking yourself into three decades of monthly payments, with interest accruing the whole time. It's understandable, then, that some homeowners would ...
For most people, a mortgage is the largest debt they take on in their lives. If you dream about financial freedom and owning your home outright, consider making extra mortgage payments to pay off the ...
Bi-weekly car loan payments can be a sound financial plan for some borrowers. With new car loans increasingly on the rise, this strategy has become increasingly relevant. The average amount financed ...
When you make biweekly mortgage payments, you pay your loan every two weeks rather than once a month. This translates to 26 half-payments, or the equivalent of 13 full monthly payments per year.
If you are a homeowner with a conventional mortgage who makes monthly payments on your home, you may have heard about ...
A simple change to when you make your mortgage payments can save you thousands of dollars—and a few years—on your mortgage obligation. Many people dream of saying goodbye to their mortgage and living ...
SALT LAKE CITY — Making bi-weekly mortgage payments instead of monthly ones could help homeowners pay off their loans years earlier and save thousands of dollars in interest. David Brindley, deputy ...
The idea of accelerating mortgage payments is foreign to most homeowners, but a growing number of people are racing to do just that. And they save a bundle in mortgage interest in the process without ...
Bi-weekly mortgage plans are a type of accelerated mortgage payoff system and one way to eliminate your real estate loan quicker. If you receive your paycheck every two weeks, a bi-weekly mortgage ...