It may surprise you that most banks and mortgage companies collect two to three dollars for every dollar that you borrow! However, there is a way to accelerate mortgage payoff using a method called Bi-Weekly Mortgage Payments. This program is implemented by dividing your monthly mortgage payment in half and paying it every other week - resulting in a net effect of paying an extra payment toward principal each year.

Interest rates have crept up, but refinancing may make sense for you. More
Purchase price, interest rate, taxes and PMI determine your monthly payment. More
Find out if owning a home will save you money. More

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