A Trick to Pay Off Your Mortgage Early 

Paying off your mortgage early saves you a ton of money on interest. 15 year terms will save you 50 percent of the interest you pay on a 30 year term. Ah, but the payments are higher each month. One way around this is to get a 30 year mortgage with no prepayment penalties. Now figure out the 15 year payment amount and make it each month. You will pay off the mortgage early, but not be forced to stick to the higher payment amount if you have cash flow issues occasionally.

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