Making an Extra Mortgage Loan Payment to Pay Off my Loan Quicker

Every month when I make my mortgage loan payment I try to include a little bit extra so I will be able to pay my loan off quicker. I started doing this after reading an article in the newspaper about the benefits of making extra payments to pay off a mortgage loan quicker. I’m not sure how much sooner I will be able to pay off my mortgage by sending extra money to my mortgage company but as long as it is sooner than I would have been able to pay it off had I not made the extra payments then I will be happy.

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