4 Smart Ways to Pay Off Your Mortgage Faster

New HomeJust because the terms of your mortgage give you 30 years to pay off your home loan doesn’t mean you have to take that long. Zillow’s Tips & Advice blog offers homeowners four helpful strategies for shaving years off (and accumulating interest) so you can be mortgage-free up to 10 years sooner than you expected. One smart strategy is to pay your mortgage bi-weekly instead of monthly. Doing so will result in you making 13 monthly payments per year instead of 12. That extra month of payments over time can help you pay off your home four years sooner and save you more than $26,000 in interest.

For more smart strategies, read the entire article.

Image Source: Mark Moz