How to pay ur mortgage faster very important

Posted in the Citigroup Forum


New Delhi, India

#1 May 2, 2012
Few tricks to pay ur mortgage faster
1 when mortgage starts atleast for the first 2 years make additional priniple paymnet equivalent to principle paymnet going out of the mortgage paymnet whih will be comparitively less u will save at least 2-3 years of ur mortgage loan term

Bi weekly payment is a trap do not fall into that trap
there is only 13 payments that is made instead of 12 . for that we all pay minimum of 300$ and additional 3$ towards every payment which makes it almost 300+100=400$ which is not goint towards principle but as charge instead of that make it towards principle which will bring u closer towards the maturity date imagine in a 30 years mortgage u will end up paying atleast 12000 towards charges

Since: May 12


#2 May 7, 2012
Some people say that the case of Iceland where a kind of total mortgage debts' write-off is a work in progress is not properly presented by mainstream media in USA and globally. It is elections' year in USA and a crutial matter of such kind is too complex to handle for both parties, probably...

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