How would you like to pay off your mortgage early and save thousands in mortgage interest and mortgage insurance in the process? I will share a simple strategy that you can take that wont cost you a ton of money each month to do just that.
We provide a Payoff Accelerator to our clients to help show strategies that they can use to prepay their mortgage. One of those strategies is called ROUND UP.
Simply round up your monthly payment to the nearest whole $100 mark.
Doing so can save you thousands over the life of your loan and Scott shows two examples so you can see how it works!
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Helpful Links & Related Videos:
Prepay vs Invest
Recast vs Refinance
What is Mortgage Insurance: https://www.youtube.com/watch?v=VaDReOwl6Nc