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Bimonthly payments

Submitted by Guest on June 3, 2007 - 11:32.

Here's another interest-saving tip that a lot of people don't know about: some banks will let you make your mortgage payment in two installments per month instead of one. We've been doing this since we bought our house in 2001 and will end up paying off our 15 year mortgage in just 12 years.

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