What can I do when logged in?

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

The following article was published in our article directory on April 3, 2013.
Learn more about SpinDistribute Article Distribution System.

5 Outstanding Ways to Pay Off Your Mortgage

Article Category: Real Estate

Author Name: Charles Fitzgerald Butler

I am a Real Estate Professional and it is my job to my clients find the home just right for them. I set them up with investors, lenders, and first time home buyers programs so they can get the best loan possible for their situation. Paperwork, paperwork, paperwork! But over the last year I have had clients ask me how can they pay off their mortgages faster? What is the best way to save on interest payments?

Paying off your mortgage early is in. Refinancing to take money out of our homes is out. Living through the foreclosure crisis, more people want the security and the psychological benefit of owning their home free and clear.

Pay off Your Mortgage

A new generation of home buyers are on the rise. People want to pay off their mortgages early. The last 6 years of foreclosures, short sales, and limited credit has created a society conscientious of saving money, creating second incomes, and eliminating debts.

Here are 5 Outstanding Ways to Pay Off Your Mortgage:

Just Pay More – If you just paid an extra $100 per month on a loan of $300,000 fixed 30 year mortgage (7.5%) you will pay off your mortgage in just 25 years and save $78,000 in interest payments. What can you do with an extra $78,000? When you pay extra, make sure the extra is applied to the principal balance, not just set aside for the next payment. Before you make extra payments, read your contract and make sure you won't have to pay prepayment penalties.

Refinance with a Shorter Mortgage – You can refinance into a 20, 15, or 10 year mortgage. 15 year mortgages are the most popular. The benefit of shorter term mortgages is that you are committed to the higher monthly payments. There is no dilly dally on what you are going to pay. There is no fence riding on making the extra payments. Check out the Bankrates mortgage calculator to see what you will save on a shorter mortgage.

Bi-Weekly Payments – Bi-Weekly Payments? What is that you want me to pay my mortgage twice? Yes I do. By taking advantage of our 52 week per year cycle you can make an extra payment to your mortgage by making bi-weekly payment. Instead of making 12 monthly payments with the biweekly system you will make a 13th payment. Pay half the mortgage every two weeks and you will make an extra payment. Now be sure that your bank credits your payments. There are some 3rd party companies that will do this for you. But it will be cheaper to contact your lender and work this out. You can pay off your mortgage 8 years sooner.

Use your Tax Refund – Yes put the whole refund towards your mortgage payment. The average tax refund in America is $3000. If you applied your tax refund to the principle every year you will pay off your mortgage 10 years early!

Start A Business – Join Empower Network and watch this live stream. Starting a business and taking the cash flow from that business will help you pay off your mortgage faster that any other method. The average home based business made around $62,000.00 per year according to the SBA. Lets just say you only bring in $30,000 part time. If you just add $1000.00 extra per month to your mortgage from your business...you will pay off your mortgage in 13 years (based on a $300,000 loan amount and 7.5% interest rate). Plus with the home based business you will have expenses to write off and you may your tax advantages will increase greatly. Consult your tax advisor how well you will benefit.

Keywords: pay off your mortgage, charles fitzgerald butler, cfbutler, south bay real estate, charles f butler, leveraged leadership, prosperity team

Learn more about SpinDistribute Article Distribution System. We also offer a Pro Article Writing Service to everyone who needs premium quality well-researched articles.

SpinDistribute.com Network

Each article you submit at SpinDistribute.com is sent through our innovative Article Distribution System to our network of more than 1840 publishers - about 55% of them are high-quality article directories, 30% of them are niche blogs and 15% of them are other content-rich websites.

To achieve the best possible success we only publish your article to most related websites. This means your article will show up on approximately 640 - 880 most related websites which will give you great SEO results.

We also offer a separate Professional Article Writing Service to everyone who's looking for high quality web content and well researched unique articles.