@mikko.vegasrealtor: Want to pay off your mortgage faster without making a huge extra payment every month? ๐๐ก One strategy is to make an extra principal payment throughout the year. Even small additional payments can help reduce the amount of interest you pay over the life of your loan. The key: make sure the extra payment is applied to your principal. ๐ โ ๏ธ๐๐ฆ๐ง๐ฐ๐ณ๐ฆ ๐ต๐ณ๐บ๐ช๐ฏ๐จ ๐ต๐ฉ๐ช๐ด, ๐ค๐ฉ๐ฆ๐ค๐ฌ ๐ธ๐ช๐ต๐ฉ ๐บ๐ฐ๐ถ๐ณ ๐ญ๐ฆ๐ฏ๐ฅ๐ฆ๐ณ ๐ฐ๐ณ ๐ฎ๐ฐ๐ณ๐ต๐จ๐ข๐จ๐ฆ ๐ด๐ฆ๐ณ๐ท๐ช๐ค๐ฆ๐ณ ๐ต๐ฐ ๐ค๐ฐ๐ฏ๐ง๐ช๐ณ๐ฎ ๐ฉ๐ฐ๐ธ ๐ฆ๐น๐ต๐ณ๐ข ๐ฑ๐ข๐บ๐ฎ๐ฆ๐ฏ๐ต๐ด ๐ข๐ณ๐ฆ ๐ฉ๐ข๐ฏ๐ฅ๐ญ๐ฆ๐ฅ ๐ข๐ฏ๐ฅ ๐ธ๐ฉ๐ฆ๐ต๐ฉ๐ฆ๐ณ ๐ต๐ฉ๐ฆ๐ณ๐ฆ ๐ข๐ณ๐ฆ ๐ข๐ฏ๐บ ๐ด๐ฑ๐ฆ๐ค๐ช๐ง๐ช๐ค ๐ณ๐ฆ๐ฒ๐ถ๐ช๐ณ๐ฆ๐ฎ๐ฆ๐ฏ๐ต๐ด. A few smart mortgage moves now could save you money later. ๐ฐ Save this for later and follow for more home-buying tips! ๐ #lasvegasrealestate #lasvegasrealtor #mortgages #mortgagetips #homebuyingtips
I donโt see where me paying an extra $129 will cut my mortgage by half. My payments are $752 a month
2026-09-30 15:51:19
0
Peteypooh :
I never had an extra penny to add to my mortgage payment! Living the American dream is expensive!
2026-09-30 02:05:01
1
NM gal โค๏ธ :
biweekly payments also do that extra pymt yearly. My balance going down so much. Thanks to God. ๐๐๐ค
2026-09-12 19:12:56
6
Nay :
But you never really own it. You will continue to rent it from the government in form of taxes.
2026-09-02 04:09:45
34
melissaharrison98 :
Isnโt the principal + interest the monthly payment?
2026-09-05 18:25:35
7
FashionMAGAGIRL :
Pay biweekly take off 7 years
2026-09-09 00:58:22
3
Judy :
on # 3... with what income???
2026-09-13 21:59:31
2
Lee S 262 :
How do you actually apply it to the principal.
2026-09-06 15:10:40
1
William Bottom :
Mine was 8% back in 95. Paid it off in 2000
2026-09-18 11:35:59
2
Fille_ du Rosaire@4 :
Thank you for your advice. you said to make 15 payment and each payment go to the principal. What about the ones who got their escrows (Tax+homeowner INS) adding to their mortgage ??? by dividing monthly payment by 15 ... who 's going to pay the bank that prepaid your tax and Homeowner Insurance. ????
2026-09-20 18:37:26
0
SlimJim99 :
Or you could sign a 15 year mortgage. Those always pay off in 15 years.
2026-09-13 19:36:02
4
Tracey Bell :
is there any benefit to making this a once a year payment?
2026-09-12 11:27:46
2
Blessed18 :
I can barely pay the mortgage.... ๐ญ
2026-09-02 19:50:41
10
Deleted01 :
I am paying fortnight payments. When shall I put extra money.
2026-09-12 04:10:31
2
Amandab@by :
Why the 15th of every month??
2026-09-16 02:56:20
2
travisschoonmake7 :
If that equal $300 per month could I just drop 4k per year? Would that have the same effect?
2026-09-01 11:40:22
2
Jackson :
Donโt listen to this. Invest that money elsewhere. Paying off a house is overrated. Especially if you have a 3% interest rate like myself.
2026-09-08 02:50:27
5
user3243396274911 :
Not all banks will do it
2026-09-23 22:03:24
1
Mark Cross228 :
facts
2026-09-16 04:46:01
2
My Boy Buddy & Me โค๏ธ :
Is this true?
2026-09-13 21:47:29
2
user9504929145259 :
Who can make an extra mortgage payment every month. They act like you could pay it off in 15 years. You would need to make a lot of extra money to do this. If you can do this you why have a mortgage
2026-09-09 11:25:15
2
E :
and here I thought the bank was just being nice giving me 400k. ๐คฃ๐คฃ.
2026-09-07 23:47:31
2
Demetrice Burrell :
And a 15 year done in 9.....true story
2026-09-09 03:52:51
4
Michelle :
I wasn't going into retirement with debt, so I made double payments.
2026-09-08 23:14:34
2
Dee_Mac :
Factor in PiTI (principal interest taxes & insurance) then divide the total payment by 12 (one year) and thatโs the amount you pay to the principal
2026-09-11 16:54:53
2
To see more videos from user @mikko.vegasrealtor, please go to the Tikwm
homepage.