MMA

Speeding through your mortgage

Now that many of you have crunched the numbers for accelerating your mortgage payoff, I think you are ready for a quick lesson on speeding through your mortgage. Now, I am not saying you should speed through your mortgage but there is a program available that helps you pay off your mortgage very quickly (approximately 10 years) so let’s see how it works.

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DIY Mortgage Acceleration

Do-it-yourselfers who are weary of yet another trip to the home improvement store may like this DIY project. It has the possibilities of increasing home equity just as quickly as a bath remodel or new deck.

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How to Build Your Own Amortization Schedule

Looking for a dull, but financially eye-opening home project? Great! Today, we're going to build an amortization schedule. All the tools you need are: 1) an electronic spreadsheet with PMT (payment calculation), addition, subtraction, division, and multiplication capabilities (I use Excel) and 2) this guide.

Let me go ahead and answer the questions you may have after reading this guide and completing your project:

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