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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…
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