5 Ways to Make Some Additional Money to Pay off The Mortgage Faster

When you’re ready to knock down that mortgage debt (or at least pay off enough to make refinancing worthwhile), you’re going to need a little extra money to accomplish your goal. Unless you’re in line for a big promotion or a more lucrative career change, you might need to be a little creative in how you come up with that money. If you don’t have time to take up a second job, try some novel moneymaking methods that require a little less commitment. 1. Become a Freelancer Can you write, p...
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7 Ideas to Pay Off your Mortgage Quicker

When you first took out your mortgage you’ll have agreed to a mortgage term of (usually) 25 to 40 years. The longer the term, the longer it takes you to pay off your mortgage and the more interest accrues. Longer terms usually mean lower monthly payments but they also mean you’ll end up spending a lot more money before you own your home outright. Paying off your mortgage more quickly is usually a good idea and can save you tens of thousands of dollars. However, not all mortgages allow you to ...
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