Borrowers whose loans have been in place for years or decades may want to approach their early payoff possibilities from a different direction.

Paying for a house in cash can speed up the buying process, lower your long-term costs and give you instant 100 percent home equity. Getting a mortgage, on the other hand, allows you to save that ...

For example, a borrower who adds just $100.00 each month to his or her scheduled monthly payment on a $200,000 mortgage at 6.0 percent can save in excess of $49,000 over the life of the loan and ...

For example, a borrower who adds just $100 each month to his or her scheduled monthly payment on a $200,000 mortgage at six percent can save in excess of $49,000 over the life of the loan ...