Lump sum
Budgeting
If you work on your budget you might be surprised at how some simple adjustments can mean extra money to overpay your mortgage or to get money for a lump sum payment.
An effective part of budgeting is recording everything you spend so that you know where adjustments can be made. With most people, it's not just the large purchases and expenses like their mortgage and car payment that are eating away at their budget but it's usually the smaller spending ... Read More »
Lump Sum Payments
Adding a few additional dollars to your mortgage payment every month is always a great idea, but for those who have a hard time doing that why not consider lump sum payments once or more throughout the year? This won't save you as much on your mortgage as additional amounts every month but can still save you quite a bit over the life of your loan. Considering how much interest a person pays on mortgages for the 30 years or ... Read More »