This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
An extra payment on a mortgage each year can go a surprisingly long way. Here’s everything you need to know — and how much you could save. Monkey Business Images / Shutterstock.com
Editor’s Note: This story originally appeared on The Penny Hoarder. 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…
More from my site
4 Underrated Reasons Why You Should Invest in CDs
Amazing Deals That Lower Your Auto Insurance Rates
Medical Tourism 101: Tips for Saving on Medical Care Overseas
Don’t Look at Monthly Payments When Financing Something. Do This Instead
13 Restaurants With Deals and Freebies for Halloween
Why the Federal Reserve’s Interest Rate Hikes Aren’t All Bad
