Save Money on Your Mortgage by Prepaying

Want to know an easy way to save thousands of dollars on your home loan?

Welcome back to another Real Estate Minute with Ilyce Glink, where I answer viewer questions and offer my tips and advice for how to navigate the real estate market.

On today’s Real Estate Minute, I’ve got a primer that can save any homeowner money. If you’ve got the financial self-discipline to put a little more of your paycheck toward your mortgage each month, your savings could add up to thousands of dollars over the lifetime of your loan. Plus, you’ll not only save money, but you’ll also be able to finish paying off your mortgage sooner – possibly even by years. So watch this video for details on how to prepay your way to freedom from your mortgage lender. And if you’re about to take out a home loan, tune in for important advice on how to make sure your lender allows you to make prepayments on your mortgage.

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