Crosswalk.com aims to offer the most compelling biblically-based content to Christians on their walk with Jesus. Crosswalk.com is your online destination for all areas of Christian Living – faith, family, fun, and community. Each category is further divided into areas important to you and your Christian faith including Bible study, daily devotions, marriage, parenting, movie reviews, music, news, and more.

Finance Tip of the Day

Low-Cost Ways to Becoming Mortgage FREE: Biweekly Payments

  • 2016 24 Aug
  • COMMENTS
Low-Cost Ways to Becoming Mortgage FREE: Biweekly Payments

mvelopes

Low-Cost Ways to Becoming Mortgage FREE: Biweekly Payments

One simple way to shave 5+ years off of your mortgage is to simply divide your current monthly payment in half, and make biweekly payments instead of one monthly payment.

If you’re paying $1200 every month, simply split that amount into two $600 payments and you’ll be amazed at the years and interest payments you can eliminate.

Word of caution: many banks will try to offer you a “biweekly” mortgage payment service, which usually has a fee associated with it. Do not fall for this. With a little discipline and good planning, you can do this yourself, for FREE!

Today's tip brought to you by Mvelopes and Money4Life Coaching.


Follow Crosswalk.com