How can you pay off your mortgage sooner?

There are numerous ways to reduce the number of years to pay down your mortgage. You'll enjoy significant savings by:

  • • Increase the frequency with which you make your mortgage payments to bi weekly or even weekly. Just by going from monthly to bi-weekly knocks 3+ year off of the life of the mortgage
  • • Making principal prepayments
  • • Making double-up payments
  • • Selecting a shorter amortization at renewal