Albert Einstein once said: “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it”
A 30 year mortgage is structured so that most of the interest payments are front loaded.
By paying a bit more every month, you’ll reduce your mortgage by 9 years and save you hundreds of thousands of dollars without putting too much strain on your budget!
What are your favorite mortgage hacks?
