$95K
Trick Here’s
a simple trick that will
save you money on your mortgage.
On a 30-year $400,000 mortgage
with a 5.50% interest rate,
your principal and interest payment is $2,270
a month.
If you round that up to $2,500
and make that payment
over the course of
the loan,
you will pay off your
loan 5 years and 10 months early..
. You’ll save $95,000 in interest paid.