Tuesday, January 27, 2015

Should I Pay Half a Mortgage Payment Every Two Weeks?

What are the benefits, if any, of bi-weekly mortgage payments

Bill Rayman is on a quest. He is hoping to make everyone an expert at mortgages. He knows that the more you know about the mortgage industry, the more likely you are to use him to research your loan to insure you get the very best deal for your circumstances. 

One approach some financial professional suggest for paying off your mortgage early is the bi-weekly payment idea. If you have a $1500 per month payment, you just pay $750 every two weeks instead of $1500 once per month. This will result in an extra $1500 being paid towards the principle each year.

Should you do it.  Here's a short video with pros and cons.

Call Bill if you have any questions about mortgages. 
424-354-5325



2 comments:

  1. Los Angeles hard money lenders. No points in some cases and lowest interest rates offered to real estate investors in california. connect with hard money lenders today hard money lenders

    ReplyDelete
  2. Los Angeles hard money lenders. No points in some cases and lowest interest rates offered to real estate investors in california. connect with hard money lenders today hard money lenders

    ReplyDelete