Scrimping and saving is never easy, and with a payment as large as a monthly mortgage, it can sometimes seem impossible to get ahead. But, making extra payments on your mortgage (even if they are small) can save you thousands of dollars and years of paying in the long run if you are committed to it. Check out these “painless” ways to pay your mortgage off faster by Marilyn Lewis at Daily Finance:
-Make biweekly mortgage payments
-Pour every bit of extra cash into your mortgage- all work bonuses, raises, gifts, inheritances, winnings, tax refunds- put them into your payments!
-Round up your payments
-Make it your mission to make at least one extra payment a year- you will pay it off in 26 years instead of 30.
According to this article by
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