Increase repayments on a $600,000 5% average 30-year mortgage just once by 5% in your first year and you could:
๐น Pay off your mortgage 3 years faster
๐น Save $66,315 in interest
Even one small increase adds up.
๐ช Increase repayments +5% ๐๐๐๐ ๐ฎ๐๐๐ง and pay-off your mortgage nearly 14 years faster and save $321,026 interest.
