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.
Read...Related Headlines
- High-end ARM reset (mild) hilarityposted 247 weeks ago on Blown Mortgage
- Bank of America Neuters Countrywide?posted 213 weeks ago on Blown Mortgage
- George Bailey and ?It?s a wonderful sub prime mortgage??posted 232 weeks ago on Blown Mortgage
- 5 Things to Do Right Now if Your ARM is Going to Reset Soonposted 242 weeks ago on Blown Mortgage
- US Bank Eliminates 100% Financingposted 221 weeks ago on Blown Mortgage
- The explosion of a mortgage-backed security in stick figuresposted 222 weeks ago on Blown Mortgage
- Mortgage Market Minute 2/26/08posted 221 weeks ago on Blown Mortgage
- Better Homes & Gardens Offers Refinance Tips from Yours Trulyposted 238 weeks ago on Blown Mortgage
- Blown Mortgage : Carnival of Real Estate; Fish : _________posted 241 weeks ago on Blown Mortgage
- Mortgage Market Minute 2/29/08posted 221 weeks ago on Blown Mortgage