Archives for August 2012

Wanna save $34,000 on your mortgage?

Wanna save $34,000? Making biweekly payments on your mortgage will absolutely cut your interest cost and shorten the term of your loan. You cab set up this through most banks and the bank will automatically debit the half the mortgage from the account you specify. How does it work? While there are only 12 months per year, there are 26 two-week periods. This means you are essentially making 13 monthly payments per year. This can save you a bundle because it reduces the term of a … [Read more...]