Making extra payments directly to the principal of your loan can significantly reduce the amount of interest you pay over the life of the loan and can shorten the term of the mortgage. The exact amount of time and interest saved will vary based on the specifics of your mortgage.
If you have any questions about the current market, or how to kickstart your home-buying journey, slide into my DMs or simply comment ‘START’ below. Let’s make your homeownership dreams a reality together!
#HomeOwnershipGoals #MortgageHacks #FinancialFreedom #SmartFinance #PayOffEarly #SavvySaver #PrincipalPayments
DMA Real Estate Professionals