Team Member Since 2019
As a seventh generation Haywood County Native, Ryan is intimately familiar with the area in which he calls home. Ryan spent his childhood living in Waynesville and attended Tuscola High School and Haywood Community College.…Read More
What’s the best way to pay off your house quickly?
Many plans exists for paying down a mortgage more quickly, but the underlying principal remains the same. First, be sure your lender allows prepayment without a penalty. Second, each time you add extra funds to your payment, include a note stating you want the funds to be directed at your remaining principal. A common plan is to pay half your mortgage every two weeks, leading to 26 payments a year. The 26 half payments will equal 13 monthly payments and knock off as much as eight years! If possible, consider an extra payment once a quarter, and you’ll have that house paid down in 20 years or less. Interested in exploring your options? Check out AARP’s Mortgage Payoff Calculator or call me and I can show you how to use your actual amortization tables to track your progress.