Repay a mortgage fast
We all understand rate is one of the most important factors in our mortgage
decision. The lower rate, the faster you pay down a mortgage.
Besides that, there are still many other ways we can use to pay down a
Lenders offer various pre-payment options and payment plans according to
their product mix. A combination of proper payment plan and lump sum
payment may achieve interest savings as much as what a low interest rate
It is worth taking time to have a good understanding of features for
payment and pre-payment that a lender offers in its product before you
determine if it is a good plan working for you.