13:53 17 December 2013
Your mortgage is one of your most expensive debts. It is also something that most people want to pay off as quickly as they can to make things easier later.
There are numerous benefits to eliminating your house payment. As it is generally the most expensive monthly bill you have, paying it off can free money to do anything from saving more for retirement to diverting funds to pay off high interest credit card debt.
Paying of a mortgage can be easy; there are a few simple things you can do to pay it down.
Getting a mortgage is a huge step in anyone’s life. It is an even bigger step to pay it off.
Take the leap and do what you can to eliminate this expense and see what kind of financial freedom it can bring you. Just create a budget, do what you can to lower your interest rates, and be willing to pay more than your monthly payment.
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