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Finance Tip of the Day

Low-Cost Ways to Becoming Mortgage FREE: Additional Monthly Principal Payment

  • 2016 26 Aug
  • COMMENTS
Low-Cost Ways to Becoming Mortgage FREE: Additional Monthly Principal Payment

mvelopes

Low-Cost Ways to Becoming Mortgage FREE: Additional Monthly Principal Payment

If you do have some wiggle room in your budget, adding an extra amount to your monthly principal payment is the best way to reduce your mortgage, especially if you can find $100 – $200 a month to dedicate to your mortgage payoff. If you can’t come up with that amount, even an additional $25 – $50 each month will make a big difference.

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


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