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motion motion is offline
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Join Date: Apr 2000
Location: Mid-life crisis, could be anywhere
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Paying your home off early - any good strategies?

I poked around my Wells Fargo online banking account and can see how I can setup extra payments to be credited to my mortgage every week, 2 weeks, monthly, etc. This is a great way to cut 8-12 years off of my mortgage by kicking in an extra X dollars per month. I have a 30 year fixed with 25 years remaining. My interest rate is 6.25%, which isn't great, but I'm self employed and unable to refinance.

Any other good strategies for accomplishing this that might be more intelligent?
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Old 10-26-2011, 12:59 PM
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