Category Archives: Prepayment Strategies
23 JanMortgage Prepayment Strategy #3 – Bi-Weekly Payment
This is the third post for our Prepayment Strategy Series (check out all the posts in this series). Bi-Weekly Payments The bi-weekly prepayment strategy works for a couple of reasons. Many people are paid bi-weekly so paying the mortgage on the days you get paid makes budgetting easier. But just because it is easier doesn’t [...]
Read More ...04 JanMortgage Prepayment Strategy #2 – Tax Refund
This is the third post for our Prepayment Strategy Series (check out all the posts in this series). Tax Refund Now that 2012 is upon us many of us start working on gathering everything we need to file our taxes. We are receiving our W2s, 1099s, Mortgage Interest Statements, etc so we can calculate our [...]
Read More ...20 DecMortgage Prepayment Strategy #1 – Round Up
On December 9, 2011 I asked the question, “Should I pre-Pay My Mortgage” and ultimately provided my opinion on the matter. If you have not read that post please make sure to do so before reading on about the various prepayment strategies. Hopefully you have followed my advice and have an emergency fund, maximized your [...]
Read More ...09 DecShould I Pre-Pay My Mortgage?
When we are asked by our customers about whether to pre-pay their mortgage or not you would think the answer would be yes, right? Well, not always…like anything, it depends. Here is what we typically explain to our customers interested in pre-paying their mortgage. 1. Do you an emergency fund? If you are living pay [...]
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