AboutBobbi Buehl Expertise Home mortgages is my expertise
Experience Experience in the area 15 years Organizations Mortgage Brokerage Education/Credentials BS in Chemical Engineering, BA in Sales and Marketing. Licensed Loan Officer for 6 years and I have worked as a Loan Officer for 15 years.
Question Is it true that you can save interest and pay off your mortgage earlier if you split your payment and pay it twice a month instead of once?
Answer Kathleen,
Yes, its true! You can also knock 3 years off a 30 year mortgage, if you make an additional payment toward principal when you make your very FIRST payment. You have to do this on a separate check and write on it "toward principle only."
