Bi-Weekly Payment Method
Split your monthly mortgage payment in half and pay every two weeks. This results in 26 half-payments per year — the equivalent of 13 full m...
Fixed Extra Principal Payment
Add a fixed extra dollar amount to the principal portion of your mortgage every month. Even $100–$200 extra per month can cut years off a 30...
Round-Up Payment Method
Round your mortgage payment up to the nearest $50 or $100. The small extra amount goes directly to principal every month. Almost painless — ...
Annual Lump Sum Payment
Make one large principal-only payment once per year — typically using a tax refund, bonus, or savings surplus. Applied correctly, a single l...
Strategic Refinancing
Replace your existing mortgage with a new one at a lower interest rate or shorter term. Can save tens of thousands if timed correctly, but a...
PMI Elimination Strategy
Private Mortgage Insurance (PMI) is charged if you put less than 20% down. Once you reach 20% equity, you can request removal. Eliminating P...