Kafayat  Ayodele-Peters

Kafayat Ayodele-Peters

Broker

Right at Home Realty, Brokerage*

Mobile:
(416) 829-1972
Office:
905-565-9200
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Kafayat Ayodele-Peters's blog

How Much Can You Save by Making Extra Mortgage Payments?

You likely pay your mortgage payment each month and call it a day because you’re paying off your home loan on time and with no added fees. This is great, but did you know there’s a way to shave thousands off of the amount of interest you pay over the lifetime of your loan. Who doesn’t want to reduce the money they spend on mortgage interest?

When you make extra mortgage payments, you’ll pay off the loan sooner, lower the amount of debt you have, and save thousands of dollars on interest. If you have extra room in your budget or have a lump sum of cash burning a hole in your pocket,...

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