Mortgage Accelerator:
What is a mortgage Accelerator ? - It is a program (with a small fee) that will pay your mortgage ever 2 weeks. Making 13 payments during the year which is 1 extra payment.
How will it pay off my mortgage faster? - Since you are paying 1 extra payment a year, this payment goes to your principle which reduces your mortgage by 7 years for a 30 year mortgage to 23 years.
|
|
|