6.4K views · 36 reactions | Save Thousands of dollars with these mortgage payment tips | Richardson & Wrench Real Estate | Facebook

Overpaying your monthly mortgage payment can greatly reduce the length and amount of interest you pay over the life of the loan.👉Here are a few things to consider: 1️⃣If you plan on paying extra every month, start small. You can gradually increase the amount as it becomes more comfortable in your budget. 2️⃣Be mindful to not deplete any of your emergency savings. 3️⃣Determine the optimal use for any additional funds. It might be better used elsewhere. This ultimately comes down to your long ter