$32,489.00 = the total amount you'll save in mortgage interest if you make one annual extra payment of $1,500 on a 25-year $300,000 fixed-rate loan at five per cent. Source.
OMG. Think about it - just breaking it down by month-by-month at $125 a month should make this totally do-able. That's actually $4.10 a day, or, the latte factor. Sobering, huh?
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1 comments:
Saving money for things I really want is so much more fulfilling than making impulse purchases on a credit card.
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