@edwardcollins_upleveled: Did you know that the frequency of your mortgage payments can significantly impact the total interest you pay over time? While splitting your mortgage payment in two doesn't reduce interest, opting in for bi-weekly payments can cut down your principal amount quickly and reduce the amount of interest you pay over time. By paying every two weeks, you make 26 half-payments per year, which adds up to 13 full monthly payments. #MortgageTips #FinancialFreedom #RealEstate #Homeownership #GetUpleveled credit (IG): AJ Catanzaro - @motoacademypodcast SF0436

Edward Collins
Edward Collins
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Sunday 12 May 2024 16:18:56 GMT
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austinalancarlson
Austin Alan Carlson :
I just pay a few hundred extra every month idk if that helps or not.
2024-06-28 12:15:42
20
prince_khalil3
prince_khalil3 :
flag on the play 🚩🚩🚩 most mortgage companies don't allow this 🤣🤣🤣
2024-05-12 17:35:00
1723
mister.unserious
Mister Unserious :
30 years???!
2025-05-20 19:30:47
0
goody.sith.666
Goody :
so I pay 900.43 a month... 9.5% 25 year. how would this help me?
2024-05-13 11:25:45
12
paolabest24
P, RN :
Ok am I crazy? Isn’t paying 2 times a month also the same is biweekly? It’s still 2 times a month…. I’m so lost…..
2024-06-28 11:10:20
18
aljefanfrey
Alan Davis :
mtg companies typically dont apply anything until the full amount is paid, then you can apply extra daily if you wish on that account, until the next statement. fine print. its not like most other loa
2024-05-27 19:23:17
22
rickerlee73
RickerLee73 :
My mortgage does not allow this, they count as a partial payment and send notices.
2024-05-14 23:48:57
23
jenniferfraneyperkins
Jennifer Franey Perk :
I’ve heard this before. Does it work the same if you just pay once but a larger amount?
2024-06-13 19:08:45
17
dannyv_33
Danny V :
Pay your normal payment and then pay extra principal on the last day of the month if you pay it on the 1st or the 31st it doesn’t matter and daily interest is usually calculated at the start of month
2024-06-14 20:19:40
19
tiffanyraehoward
Tiffany :
I did this with my car and less went to principal than before lol it’s not always the case depends on the bank.
2024-05-24 12:55:54
29
j_krysh
Jon :
i try to do this for any loan I have
2024-05-12 17:27:02
15
beth.r17.8
Beth. :
You pay twice a month yes, 1st and 15th. If you have a 3k mortgage and you split it so it’s 1500 then pay 250 on principal to make your 2 payments 1750 then you will turn your 30 year into 17.
2024-05-13 04:29:32
30
larainne95
Tori♡ :
we do that and pay 300$ more each month. already 60k off our Principle , and we've only owned the house 3 years.
2024-06-13 22:00:31
23
cep07fsu
Christine Province :
Chase makes me call everytime. I just pay on the first and more after that payment posts
2024-06-28 17:20:03
21
colleenr0
colleenr0 :
Yea nice try but they just hold the first half until they receive the second half.
2024-06-28 12:04:23
32
briandew22
DeWolfe Lawn Care :
My mortgage company won’t let us do that.
2024-06-25 17:34:38
8
mystc431
Mystc :
My boy AJ Cat is known for misspeaking 😂😅
2024-05-13 16:10:30
19
tracycumba258
tracycumba :
you have to pay one month ahead to do this
2024-06-25 23:59:24
13
saycheesey
Laura :
Who’s makes enough to pay the full mortgage 2x a month?
2024-05-13 11:24:10
24
indibanti
Santiago Valenzuela :
I worked customer service for a loan serviced and people tried all the time and we just held the payment till be received it in full then applied it lol most mortgage services don’t allow this lol
2024-06-28 22:26:43
31
melissachal
Melissa H :
So many banks don’t allow this.
2024-06-13 14:31:41
24
peterthekicker
peterthekicker :
that's not how money works.
2024-06-29 04:18:39
9
larrybagleyiii
Larry Bagley III :
Most places do not allow this
2024-06-13 18:49:45
9
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