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

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   By applying the 10/15 rule, your average payment each month would amount to $2,290 — an extra $690 — but your mortgage would be paid off in just over 13-and-a-half years and you’d save over ...

3. Paying Extra on Your Mortgage Can Go a Long Way

   www.aol.com/news/2012-12-12-paying-extra-on-your...

   By Colin Robertson Mortgages can be viewed very differently. Some see them as a positive financial instrument, a way to free up their money so it can be invested elsewhere, ideally for a better ...

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

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

   The results are nearly identical, although making an extra mortgage payment at the end of the year saves you a tiny bit more money on interest. Pay off date: December 2047. Total interest paid ...

5. Here's the Average American's Mortgage Balance. How Do You ...

   www.aol.com/heres-average-americans-mortgage...

   For example, if you borrow $300,000 at 6.5% interest on a 30-year fixed rate mortgage, you'll pay a total of $382,633 in interest -- just over half of which, $196,869 -- is paid in the first decade.

6. 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.

7. Private mortgage insurance (PMI): What it is and how it works

   www.aol.com/finance/private-mortgage-insurance...

   Private mortgage insurance (PMI) is an extra monthly fee that you pay on a conventional mortgage if you put less than 20 percent down. ... calculator and the Bankrate mortgage calculator. These ...