Making Extra Payment to Your Mortgage... Does the day of the month matter?

Does the timing of your extra mortgage payment really make a difference? In this video, we dive into whether the specific day of the month you make an extra mortgage payment can impact how much you save on interest and how quickly you pay off your loan. We'll break down how mortgage interest is calculated, what happens when you pay early versus later in the month, and why timing may affect your overall payoff strategy.

Join us as we analyze the potential benefits of choosing a specific day for extra payments, and share insights to help you maximize your savings. Whether you’re already making additional payments or just starting to consider it, this video provides practical tips on how to optimize your mortgage payments and get closer to debt freedom. Don't miss this essential guide for homeowners looking to make the most out of every payment! #mortgagetips #extrapayments #debtfreedom #financialplanning #homeloanadvice #mortgagestrategy #homeownership #moneymanagement
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**DISCLAIMER** The suggestions, advice, and/or opinions that are given by Sam Kwak and Daniel Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold The Kwak Brothers and its brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based on experience.