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

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

    Pay a little more every month, and cut your mortgage interest by a lot.

  3. 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 ...

  4. 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 ...

  5. Mortgage accelerator loan: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-accelerator-loan...

    To pay off your loan faster, you can simply put extra funds toward your principal. As you shop around for a mortgage, you might encounter a type of loan prepayment program known as mortgage ...

  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. Jaspreet Singh: Should You Pay Off Your House Early? - AOL

    www.aol.com/finance/jaspreet-singh-pay-off-house...

    If you were, for example, to invest $5,000 and turn it into $10,000 or $20,000, then even if you’re helping to line your bank’s pockets in interest with an extra mortgage payment, it’s worth ...

  8. 5 Best Ways To Pay Off a Mortgage On an Average Salary - AOL

    www.aol.com/5-best-ways-pay-off-180032222.html

    If you started paying just $100 per month extra toward your principal in September 2024, you could save nearly $21,000 over your loan term, per this American Financing calculator. Plus, you would ...

  9. Should I pay off my mortgage early? - AOL

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

    You can spread out extra payments over time or pay one lump sum payment. When you make any extra payments, be sure to specify that the money should go toward paying down the principal of your loan ...

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