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If you guessed what Step 6 was, then you should know how to pay your home off early! What advice does Dave give us?
Great, you answered "Put extra money in towards your mortgage".
See here what other people have answered:
- Put extra money in towards your mortgage
- If you have a 30-year mortgage, consider refinancing to a 15-year one with a fixed-rate mortgage
- Talk to a professional who can help you reach your goal
- All of these options
Click "CONTINUE" to proceed to the next question
Interesting fact:
The concept of making a biweekly mortgage payment is easy enough. You make half of your mortgage payment every two weeks. That results in 26 half-payments, which equals 13 full monthly payments each year. That extra payment can take eight years off your 30-year mortgage.