DO YOU HAVE A MORTGAGE?

DO YOU HAVE A MORTGAGE?

Do You Have A Mortgage?

How the cost of a few lattes could save you tens of thousands of dollars: Call your bank and ask them if your mortgage payments are on “accelerated bi-weekly payments.” If you aren’t, ask that person to run the numbers. Your bank can show you the minor difference in mortgage payment amounts by switching to accelerated bi-weekly compared to monthly payments and what that added small amount will save you in interest costs over the life of your mortgage.

The difference is astounding. Please share with us your findings.

*Photo courtesy of Richmond Lending Group via Google Images.