Paying mortgage in 30 years is a long term process and after retirement it seems quite difficult to pay the mortgage. If one can try and impliment a few planed strategies one can pay off the mortage in ten years. One can be also benefited by paying a home mortgage in ten years as he would need to pay less interest for the total mortgage. So, paying mortgage in less time will save one persons’ money in the long run because he is paying less interest as well. Making plans for paying mortgage in short time is easy but making the plan happen is much harder. If a person can make this hard work possible then he will be much benefited as he would be able to save lot of money in the long run
Paying mortgage in 30 years is a long term process and after retirement it seems quite difficult to pay the mortgage. If one can try and impliment a few planed strategies one can pay off the mortage in ten years. One can be also benefited by paying a home mortgage in ten years as he would need to pay less interest for the total mortgage. So, paying mortgage in less time will save one persons’ money in the long run because he is paying less interest as well. Making plans for paying mortgage in short time is easy but making the plan happen is much harder. If a person can make this hard work possible then he will be much benefited as he would be able to save lot of money in the long run