Video Pick
Paying off Your Home: The Biweekly Mortgage
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Yesterday’s post was on paying off your mortgage without refinancing. The video below showcases another simple technique: the bi-weekly mortgage. The concept is pretty simple. You pay your mortgage every two weeks instead of once per month. This way at the end of the year you end up paying an extra one to two payments towards your mortgage, lowering the total interest paid and the life of the mortgage.