Conventional wisdom says that making extra payments toward your mortgage saves interest. True, but that’s not all. Increasing your mortgage payment also means larger equity value and more money in your pocket when you’re older.
What this means to you later in life is explained in my brief article below:
Original blog … What does making extra mortgage payments REALLY do? … that inspired my syndicated article above.
Note: Your RSS feed or email may not show the embedded part of this blog … please go to the blog to see the embedded media portion of the post.