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  2. How 1 Extra Mortgage Payment a Year Helps Pay Off Your Home ...

    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 ...

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

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

    30 years. $644,600. $0. 13 payments a year* 22 years, 11 months. $462,796. ... you’d make an extra mortgage payment each year. Add extra dollars to every payment ... Not all lenders have ...

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

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

    Now, let’s say you get the same mortgage but at a 4% rate. On a 30-year term, you’d normally pay $1,146 per month, but with the 10/15 rule that amount would be $1,643 across 16 years and nine ...

  5. 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.

  6. 10 Fastest Ways To Pay Off Your Mortgage - AOL

    www.aol.com/10-fastest-ways-pay-off-000010583.html

    For example, by paying an extra $10 per month on a $220,000, 30-year loan at 4% interest, you can pay off your mortgage loan six months earlier and save $3,276.86 in interest.

  7. What happens when you pay off your mortgage? - AOL

    www.aol.com/finance/happens-pay-off-mortgage...

    You can either make a lump sum payment; make smaller biweekly payments, which adds up to one extra payment per year; or just increase each monthly payment (making sure the extra goes to the ...

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