according to mortgage of canadian homeowners have at least 25% equity in their homes financial connection by lana sanichar home he one thing that irritates me the most is paying interest on gage became my primary focus in order to keep as much of my hard-earned money as possible sweet home taking a closer look say you purchased a home for and you procured an interest rate of interest that you would pay over the 25-year period would be an astonishing “pay it faster" below how to change your mortgage to pay less in interest and own your home quicker money esave through an exclusive moneysaver's experts partner with the costco connection to share advice about relevant financial topics additional payments every year without affecting your budget using the same numbers above on but most lending institutions allow you to pay an additional percentage toward your mortgage annually above your reg- envision that you put down an extra $5,000 every year toward your mortgage your home eight years sooner see “pay it faster” below for tips on calculating your own mortgage scenario money-saving strategies here are three ways to pay as little interest as possible lending institutions post their lending rates for a variety of different types of let's say you negotiated the posted switch from a monthly payment to email topic suggestions to moneyinfo@canadian moneysaver.ca costco members are offered a one-year special introductory price with online canadianmoneysaver.ca and click on "subscribe," for the discount code at the bottom of the page lana sanichar is president and editor-in-chief of canadian moneysaver magazine pay it faster if you were able to negotiate payment plan and contribute an additional $5,000 each be significantly less paying interest may be taking simple and proactive money in your pocket and pay off your home sooner to calculate your own
