Updated: Jul 10, 2018
Would you like to save more than 10% of interest with little investment?
Making an accelerating Weekly or Bi-Weekly is one of the cheapest things to do without any significant investment for saving a portion of interest cost. Accelerating payments can require only one extra monthly payment per year that is usually affordable for a majority of us.
Accelerating Payments can help slashing 2% to 75% interest cost at the interest rate from 1% up to 20%. However, the intent is not to encourage people buying property at higher interest rates but only to make the point that Accelerating Payments is the best choice for those who would like to save interest at nominal investment. Also, Analysis does explain that how quickly your mortgage can finish in a reduced number of years.