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David Bach on Monthly vs. Bi-Weekly Mortgage Payments
Posted on May 7, 2008 at 11:54 am
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If you are anything like my wife, you watch a lot of Oprah.
David Bach is the author of the “Automatic Millionaire” and has been featured on Oprah on multiple occasions. The video below is an exerpt from one of his appearances on the show discussing how home owners can shave years off their mortgage payments and save them thousands of dollars in interest. Enjoy.
Your Take-Away: Making one simple change from monthly to bi-weekly payments can save you literally thousands of dollars over the life of your mortgage. It’s simple yet effective, so why not at least consider it?
Until next time, have a Wonderful Wednesday.
Chris & Elisseos
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