Today is the big day. Join us for a six week mindfulness and meditation series in Toronto at Moksha Yoga Uptown. To learn more check out www.bigtreemind.com | sustainable shifts 🗣 video and daily inspiration by Kimberly Miller Pryce @mpkimba
$2 per day will shave 3.5 years off your mortgage.
In the first five years, you can take 3.5 years off your mortgage. Here's how.
The starting point:
2.75% fixed interest
Pay $1,842 per month. After 5 years $340,240 remains owing with 20 years to go before it's paid off.
Pay $921 bi-weekly. After 4 years $330,304 remains owing with 17 years and 5 months to go before it gets paid off ... A savings of nearly $10K and 2.5 years less to mortgage-free.
Bump up your bi-weekly payments by $30 (to $951). After 5 years $326,270 remains owing with 16 years to go. ... That's only an extra $3900 over 5 years, but the impact on the principle is nearly $14K!
Make sure you are getting the highest possible prepayment available! Contact me to discuss your options. m.me/creatingequity