Why do Accelerated Mortgage Payments Make a Difference?
Updated: Jun 29
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