If you’re finding that your finances are a bit tighter these days, you might need to adjust your budget a bit. Have you ever thought about alternatives in helping you to pay your mortgage? There’s a few things that you might be able to do in your home to save a few bucks and be more comfortable with your budget and finances. 

Share The Space

This might sound crazy, but it works for many people. If you’re willing to share your living space with others, it could help you to make a dent in your mortgage. This works especially well if you have a home with a separate entrance like an in-law apartment or something similar. 

Make Adjustments To Your Expenses


There are many different costs that come along with owning a home. If you reduce some of these expenses, you’ll be able to cut your overall spending. You don’t need to completely adjust your entire way of living to do this. Some ideas:

  • Cut the cord on cable and install streaming devices
  • Go on a family cell phone plan
  • Skip the gym membership
  • Use public transportation
  • Cook at home instead of eating out
  • Use coupons

Put Tax Refunds To Good Use

If you normally get a tax refund, you can apply that money to your mortgage instead of using it to buy something else. You could also adjust your withholdings. This would allow you to get a bit more money in your paycheck each week. You’ll get less of a refund during tax time, but the extra money may help you to pay down bills throughout the year. 

Pay More Towards The Principal 

To make the most of your hard-earned savings, use your money wisely and pay down the mortgage faster. Just be sure that there’s no penalty for a prepayment of the loan. You can either make an extra loan payment each month or you can pay a bit over what you owe on the mortgage each month. If you pay the mortgage faster, you’ll save potentially thousands of dollars in interest over the life of the loan. You’ll need to check with your mortgage company to see what their process is for paying more towards the principal of the loan. Keep in mind that the first few years‘ worth of your mortgage payments will be going towards interest unless you specify extra payments to go elsewhere.

Whether you’d like a little more of a financial cushion or are just looking to get rid of all those pesky monthly bills, it’s never a bad idea to focus on paying your mortgage down as quickly as possible.

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Date: 02/23/2019 Time: 11:30 AM to 1:00 PM  
For Directions: feel free to contact me.  
For more information: click here for the full details  

Built on a beautiful 1.73 acre lot with many flowering,ornamental and shade trees is this handsome Contemporary home. Located on a quiet, shared drive, the setting is peaceful and private. Minutes to area colleges and major routes, the open floor plan is gracious and exudes a warm, welcoming feel. A large cathedral foyer is open to the hub of the home – a spacious living room,dining area and kitchen with new stainless steel appliances. French doors lead to a private office with custom cherry built-ins and a glorious window where the outside filters in. A formal dining room is perfect for holiday gatherings, intimate dinner parties or every day dining. A first floor master bedroom with full bath and walk in closet a plus. Additionally, there’s 4 bedrooms on the second floor. Unfinished walk out presents as an excellent opportunity for expansion. Amenities include a multi-tiered deck, propane heat with AC, gas fireplace, 2 car garage and more. Meticulous! Matchless! Memorable!

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