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  2. Prepaying your mortgage: What is it and should I do it? - AOL

    www.aol.com/finance/prepaying-mortgage-152800578...

    Paying extra on a mortgage also means paying less in interest over time, but it does come with some drawbacks, like less liquid capital. Before making an extra mortgage payment, it's important to ...

  3. How 1 Extra Mortgage Payment a Year Helps Pay Off Your ... - AOL

    www.aol.com/finance/one-extra-mortgage-payment...

    If you make an extra monthly payment of $1,879 each December, you’ll pay off your 30-year mortgage almost five years ahead of schedule and net about $60,000 in interest savings in the process ...

  4. Dave Ramsey’s 7 Tips for Quickly Paying Off a Mortgage - AOL

    www.aol.com/dave-ramsey-7-tips-paying-120027516.html

    Here’s how extra payments would affect a $220,000, 30-year mortgage with a 4% interest rate: Make one extra payment each quarter to shave 11 years and nearly $65,000 off your mortgage.

  5. How to pay a mortgage: 5 ways to pay on time - AOL

    www.aol.com/finance/pay-mortgage-5-ways-pay...

    If you have the extra cash, making biweekly mortgage payments — which amounts to 13 full monthly payments per year instead of 12 — can help you pay off your loan faster and save on interest ...

  6. What's the 10/15 rule and does it really help you pay off ...

    www.aol.com/finance/whats-10-15-rule-does...

    The premise is simple: pay an extra 10% of your monthly mortgage payment toward the principal each week, which can allow you to pay off the loan in approximately 15 years while lowering the amount ...

  7. Suze Orman Shares Advice for Paying Down Your Mortgage Faster

    www.aol.com/suze-orman-shares-advice-paying...

    In a September 2022 podcast, Orman said you can make one extra payment a year to help pay your mortgage down faster — either by making biweekly payments or by dividing your regular payment by 12 ...

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