Submitted by gundamstar1 t3_z5oaiu in personalfinance
Brandon432 t1_ixxk67f wrote
Reply to comment by AlanPavio in Delayed Mortgage Monthly Payment at WF by gundamstar1
Right. Even my biweekly payment does not save interest because I pay half the balance two weeks early every month. It saves interest because I make two extra payments per year and pay off the whole thing six years early.
Viewing a single comment thread. View all comments