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

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

    Payment method. Pay off loan in … Total interest. Total interest saved. Minimum every month. 30 years. $644,600. $0. 13 payments a year* 22 years, 11 months

  3. 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.

  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. 5 ways to build equity in your home more quickly (and why it ...

    www.aol.com/finance/how-to-build-home-equity...

    2. Put extra money toward your mortgage payments. Paying $50 to $100 more per month can make a real difference in building your equity and reducing the interest you pay over the life of your loan.

  6. Cash-out refinance explained: How it works — and when it can ...

    www.aol.com/finance/what-is-cash-out-refinance...

    Pay off existing mortgage: $150,000 — current monthly payment: $1,243 Pay closing costs: $5,000 to $12,500 (2% to 5% of the loan amount) Receive cash in hand: $87,500 to $95,000

  7. Biweekly Mortgage Payments: How To Save Thousands - AOL

    www.aol.com/finance/biweekly-mortgage-payments...

    Here’s how biweekly payments compare to monthly payments on a hypothetical $400,000 30-year fixed-rate mortgage with a 7% interest rate. The monthly payment for that loan would be $2,661.21, and ...

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