Mortgage Tips

Want to save big on your mortgage?

Make it automatic! Set up automatic payments and watch your savings grow over time. Here’s how:

Automatic Biweekly Payments

Split your monthly payment in half and pay every two weeks. This should result in an extra payment each year and can shave years off your mortgage term!

Round Up Your Payments

Round up your payments to the nearest hundred or thousand. For example, if your payment is $985, round it up to $1,000. Over time, this small change can make a big difference in your total interest paid.

Refinance

Refinancing your mortgage can lower your interest rate, reduce your monthly payment, and could save you thousands in interest over the life of the loan.

By making your mortgage savings automatic, you’ll be on your way to financial freedom in no time!