Mortgage payment hacks

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Michel Valbrun, CPA on Instagram: "Save thisss 💰 The Marathon Continues 🏁🏁🏁 One of the biggest expenses and purchases in your life is your home. Depending on the type of loan you get and your credit score, you can pay a lot in interest and for many people when they’re paying off their mortgage, most of the payment is going toward interest and not the principal 😭 This mortgage hack can help save you thousands of dollars in interest payments AND as a homeowner mortgage interest payments are t Mortgage Payment Hack, Mortgage Hacks, The Marathon Continues, Paying Off Mortgage Faster, Financial Knowledge, American Pay, Quick Loans, Refinance Mortgage, Mortgage Payoff

Michel Valbrun, CPA on Instagram: "Save thisss 💰 The Marathon Continues 🏁🏁🏁 One of the biggest expenses and purchases in your life is your home. Depending on the type of loan you get and your credit score, you can pay a lot in interest and for many people when they’re paying off their mortgage, most of the payment is going toward interest and not the principal 😭 This mortgage hack can help save you thousands of dollars in interest payments AND as a homeowner mortgage interest payments…

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Tyrease Downing
Mortgage Savings Plan, Paying Off Mortgage Early, Payoff Mortgage Early, Mortgage Payoff Tips, Pay Mortgage Faster, Mortgage Payment Hacks, Mortgage Payment Hack, How To Pay Off Mortgage Early, Mortgage Hacks

When we purchased our second home a few years ago one decision that we made was to pay off our 30-year mortgage loan as quickly as we can. In this article, we talk about how $130 helped us do just that.

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Brittany Hills
Brandon Brotsky on Instagram: "AVOID monthly mortgage insurance payments and SAVE $200/month by paying upfront mortgage insurance.

Let’s break down the numbers:

Traditional Down Payment -
Home price: $600K 
Interest rate: 6.5% rate 
Down payment: $60,000 (10% down)
MONTHLY Mortgage insurance: $310
Monthly mortgage payment: $3,413
Total monthly payment: $3,723 

💡Alternative Down Payment -
Home price: $600K 
Interest rate: 6.5% rate 
Down payment: $42,000 (7% down)
Monthly mortgage insurance: $0
UPFRONT Mortgage insurance: $8,000
Monthly mortgage payment: $3,413
Total monthly payment: $3,526

You have an EXTRA $10,000 for a lower rate or reducing your mortgage balance.

#firsttimehomebuyer #homebuyertips #realtor #realestate #hombuyer #mortgage #interestrates #realtortips #mortgageinsura Mortgage Hacks, Mortgage Tips, Interest Rate, Down Payment, Mortgage Payment, Mortgage Rates, Interest Rates, The Numbers, House Prices

Brandon Brotsky on Instagram: "AVOID monthly mortgage insurance payments and SAVE $200/month by paying upfront mortgage insurance. Let’s break down the numbers: Traditional Down Payment - Home price: $600K Interest rate: 6.5% rate Down payment: $60,000 (10% down) MONTHLY Mortgage insurance: $310 Monthly mortgage payment: $3,413 Total monthly payment: $3,723 💡Alternative Down Payment - Home price: $600K Interest rate: 6.5% rate Down payment: $42,000 (7% down) Monthly mortgage…

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Reenie Niskala
Homeowners are searching for ways to become mortgage-free and financially independent. With these 4 methods for paying off the mortgage early, you can secure your homeownership future! #mortgage #mortgagefree #howtopayoffmortgageearly #finance Accelerated Weekly Mortgage Payments, How To Pay Off Mortgage Early, Mortgage Payoff Chart Tracker, Paying Off Mortgage Faster, Pay Off Mortgage Early, Estate Planning Checklist, Retirement Advice, Living Simple, Mortgage Free

Homeowners are searching for ways to become mortgage-free and financially independent. With these 4 methods for paying off the mortgage early, you can secure your homeownership future! #mortgage #mortgagefree #howtopayoffmortgageearly #finance

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Easy Budget
Derek Horton on Instagram: "Lower your monthly mortgage payment by making a lump-sum payment towards your principal balance. No need to refinance! Ask your lender about a mortgage recast. Keep your interest rate and term the same🏡
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#mortgagerecast #mortgagetips #homeowner" Mortgage Hacks, Interest Rates Mortgage, Estate Planning Checklist, Monthly Payments, Mortgage Tips, Financial Peace, Show Me The Money, Financial Life Hacks, Planning Checklist

Derek Horton on Instagram: "Lower your monthly mortgage payment by making a lump-sum payment towards your principal balance. No need to refinance! Ask your lender about a mortgage recast. Keep your interest rate and term the same🏡 . . . . #mortgagerecast #mortgagetips #homeowner"

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Kim Ridings