There is a way to save money while paying for your mortgage and this is by getting a One Account Mortgage. The way it works is simple. You would have one mortgage (I would even role over any credit card debts into this and then get rid of the card) where your wages would get deposited. This would come straight off your mortgage cutting down on your the interest you pay as well as increasing your principal payments.
Basically you are using the One Account Mortgage as a bank account where you can still make withdrawals to pay for bills etc, but the extra stays in there reducing the loan. You can also make extra payments, which come straight off you principal reducing your interest payments. There is no reason why you couldn’t pay a 25 year loan in half the time if you use such a system and regularly make extra deposits, or less withdrawals.
