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How To Save Thousands On A Mortgage

Money : Mortgages

If you wish to save thousands on your mortgage without looking to re-mortgage elsewhere, then be sure you get a mortgage where you can overpay each month without penalty.

Then in months where you can afford to, overpay the mortgage as much as you can.

You will save on interest and help to pay off the mortgage a bit quicker.

Note that you should ensure that if you overpay the money is taken off the mortgage straight away and not left in limbo until the end of the year as with some providers, and some may not even let you overpay - therefore consider these things when you take the mortgage out in the first place!


By: Fred

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