Thirty years is a long time. If you’re chipping away at a mortgage each month, it can feel even longer. But what if you could eliminate that financial ball and chain by paying off your mortgage early?

Q: My son found that splitting his single mortgage payment about two weeks apart into two payments saves him considerable interest and, therefore, less total amount owed over the length of the ...

Owning a home comes with an array of expenses, but savvy saving can help take the burden off of the lengthy mortgage and put money back into your pocket faster. Her advice to homeowners with a ...

Homeowners often see a mortgage as one of their largest financial commitments, and paying it off faster can feel like a major financial win. Extra payments toward the principal reduce the balance more ...

If you own a home, you’re probably used to watching a big chunk of your paycheck disappear every month due to mortgage payments. But what if adding just a little more could save you tens of thousands ...

Paying off your mortgage ahead of schedule can eliminate a significant financial burden from your life. Although it can be a challenge, getting rid of your home loan is a good way to get ahead ...

A little year-end attention to your mortgage could lower your upcoming Internal Revenue Service bill. Unlike rent, which you pay beforehand (i.e., your Jan. 1 bill covers your stay in the rental unit ...

Paying your mortgage on time is good for your financial health in many different ways, including helping you build equity in your home and improving your credit score. Here’s an overview of the ...

Recasting lowers your monthly payment, but it doesn't shorten your mortgage or maximize interest savings. Making an extra principal payment won't lower your monthly payment but can reduce the total ...

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...