Daily Archives: May 22, 2013

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Pay More And Pay Often

May 22, 2013/Tip of the week/0 Comments

Assuming you have a mortgage that lets you pay extra, you should pay more and pay often. The interest charged on a $300,000 home loan at a rate of 7.15% over 30 years with monthly repayments is over $420,000. By paying off an additional $50 a month, you’ll reduce the…

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