Mortgage Prepayment: The Surprising Savings of $100 Extra
Paying down your loan principal with a little extra each month saves you big money in interest and builds equity quicker.
Interest is like growth serum sprinkled over money: a small percentage compounding over time until the result isn't small at all. Like a stream that becomes a river and gradually erodes the land to carve out a gorge, interest merely needs time to accomplish big things.
Most people get the concept of interest, but many are surprised when they see ac...
