1.) Small Principle Payments Monthly (a little goes a long way!)
2.) Bi-weekly Payments
3.) One Time Principle Payment
4.) Loan Recast
In the scenario that you hold a $500k, 30 year, fixed rate mortgage at 4.5% …
In the scenario, 4 years ago (2020) you took out a $500k, 30 year, fixed rate mortgage at 4.5% and today, you have $50,000 to use to pay your mortgage off faster, you could...
