Question by nurse2011: how can i take years off my mortgage without refinancing.i have a fixed mortgage 25 years APR 10%?
The purchase price was $ 80,000
Answer by Mom of 2
Pay 1/2 the mortgage every two weeks. That will give you 13 full payments a year instead of 12 and really cut down on the life.
The other option is to pay extra principle every month.
You may want to reconsider paying it off. It’s the only interest you can deduct from your taxes.
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