1/23/2023

$95 K trick

 

$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.