Homeownership remains an unrealized dream for most of us because we never get that mortgage paid off and the bank owns your home. You pay them interest over 30 years and lots of it usually 2 to 2.5 times the original price of the home. As an example, for every $100,000 you borrow; by the time you pay the bank back - you will have paid them somewhere in the range of $200,000 to $250,000.
But we may have discovered a new approach to paying your mortgage off a lot sooner. It could save tons of money in interest and turn that dream into a reality years earlier.
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