How long does it take to pay off my mortgage using Equity Accelerator?
Asked a year ago
The time it takes to pay off your mortgage using Equity Accelerator can vary depending on various factors. However, on average, customers can expect to pay off their mortgage within 5 to 7 years. This accelerated timeline is achieved by making extra payments towards the principal balance of the loan. By doing so, you reduce the amount of interest paid over time and speed up the repayment process. Equity Accelerator provides a personalized strategy based on your financial situation, allowing you to maximize the benefits and pay off your mortgage faster. Keep in mind that the exact duration may vary based on factors such as your initial loan amount, interest rate, and the amount of additional payments made.
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