Why do Accelerated Mortgage Payments Make a Difference?

You've heard 1000 times how accelerated weekly or bi-weekly mortgage payments are best for you but, why is that? Because under accelerated programs, some of your payments actually go solely to the PRINCIPAL. I love charts so see below!

Hope this helps! Thanks for reading!

Nikole Krupka Rolof

Edmonton Mortgage Broker

www.brokeryeg.ca