|
Registered
Join Date: Apr 2000
Location: Mid-life crisis, could be anywhere
Posts: 10,382
|
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?
__________________
'95 993 C4 Cabriolet
Bunch of motorcycles
|