Benefits of Paying Extra Principal on Your Mortgage: A Homeowners Guide

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If you’re a homeowner, your mortgage is likely one of your biggest monthly expenses. But what if you could trim years off your loan and save thousands of dollars in interest? The answer lies in one simple strategy: making extra payments towards your principal. In this guide, we’ll explore the benefits of paying extra principal on your mortgage, why it matters, and how it can positively impact your financial future.