{"id":41590,"date":"2019-11-16T10:22:28","date_gmt":"2019-11-16T10:22:28","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=41590"},"modified":"2019-11-16T10:22:28","modified_gmt":"2019-11-16T10:22:28","slug":"how-to-pay-off-your-house-asap-its-so-simple-2","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=41590","title":{"rendered":"How to pay off your house ASAP (it&#8217;s so simple)"},"content":{"rendered":"<div readability=\"46.982947092261\">\n<p><img decoding=\"async\" loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" class=\"img-responsive float-thumbnail\" alt=\"\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.lendingtree.com\/content\/uploads\/2017\/08\/blue-house.jpg\"><noscript><img decoding=\"async\" src=\"https:\/\/www.lendingtree.com\/content\/uploads\/2017\/08\/blue-house.jpg\" class=\"img-responsive float-thumbnail\" alt=\"\"  ><\/noscript><\/p>\n<p>At LendingTree, we help you get the best deal possible on your loans, period. By giving consumers multiple offers from several lenders in a matter of minutes, we make comparison shopping easy. And we all know-when lenders compete for your business, you win!<\/p>\n<p class=\"text-center\"><a class=\"btn btn-blue btn-mobile\" href=\"https:\/\/www.lendingtree.com\/redirect\/offers?id=Content-mortgage&#038;loan-type=refinance%20\">See Refi Offers Now<\/a><\/p>\n<h3 class=\"fs24\">Pay faster to save a ton<\/h3>\n<p>A mortgage is officially repaid when you pay back what you borrowed \u2013 the principal. But, the amount of interest you\u2019ll hand over to the bank is greatly affected by how long it takes you to make that final payment. In other words, you\u2019ll get to hold on to a lot more of your hard-earned cash by doing one thing: <strong>paying your mortgage off faster<\/strong>. If you\u2019re in a 30-year mortgage, switch to a 15-year. Sound intimidating? It\u2019s not \u2014 we\u2019ll show you how.<\/p>\n<h3 class=\"fs24\">Do the math (the banks wish you wouldn\u2019t)<\/h3>\n<p>It\u2019s a simple equation, but bankers don\u2019t want you to solve it. After all, big banks make millions of dollars from interest. Avoiding it is not something that\u2019s in their interest (pun intended) to do.<\/p>\n<p>Have you ever noticed the interest accrued on your credit card, automobile or student loan statement and been shocked by the total you see? It happens to people every day! Take this account from a borrower writing on <em>morningfinance.com<\/em>: when he put pencil to paper, it turned out that 72% of the monthly payment on a 30-year mortgage was going straight to interest. By <a class=\"blue-link\" href=\"https:\/\/splitter.lendingtree.com\/api\/split?id=content-mortgage&#038;loan-type=refinance\">switching to a 15-year mortgage<\/a>, he could save $159,447.09 in <em>pure interest<\/em>.<\/p>\n<p><a class=\"btn btn-blue\" href=\"https:\/\/www.lendingtree.com\/redirect\/offers?id=Content-mortgage&#038;loan-type=refinance%20\">See Refi Offers Now<\/a><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" data-lazy-src=\"http:\/\/rss.cnn.com\/content\/uploads\/2017\/12\/15_yr_example.jpg\"><\/p>\n<p><noscript><img decoding=\"async\" src=\"http:\/\/rss.cnn.com\/content\/uploads\/2017\/12\/15_yr_example.jpg\"><\/noscript><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" data-lazy-src=\"http:\/\/rss.cnn.com\/content\/uploads\/2017\/12\/30_yr_example.jpg\"><\/p>\n<p><noscript><img decoding=\"async\" src=\"http:\/\/rss.cnn.com\/content\/uploads\/2017\/12\/30_yr_example.jpg\"><\/noscript><\/p>\n<h3 class=\"fs24\">Compare rates to secure the most savings<\/h3>\n<p>By now you understand that your savings are reliant on your interest rate. There\u2019s only one way to ensure that you get the best interest rate available, and that is to compare rates from banks all around the country. Sound impossible? Not with <a class=\"blue-link\" href=\"https:\/\/www.lendingtree.com\/redirect\/offers?id=Content-mortgage&#038;loan-type=refinance%20\">LendingTree<\/a>. LendingTree makes banks compete for your business. The LendingTree website is fast, the service is free, and the results are yours with no obligation. What are you waiting for? Cut your 30-year mortgage in half today and thank us later.<\/p>\n<h3 class=\"fs24\">Here\u2019s How You Do It:<\/h3>\n<p><strong>Step 1<\/strong>: <a class=\"blue-link\" href=\"https:\/\/www.lendingtree.com\/redirect\/offers?id=Content-mortgage&#038;loan-type=refinance%20\">Get started by clicking the map below<\/a>.<\/p>\n<p><strong>Step 2<\/strong>: Once you go through a few questions, you will have the opportunity to compare the quotes from multiple lenders!<\/p>\n<p><a href=\"https:\/\/www.lendingtree.com\/redirect\/offers?id=Content-mortgage&#038;loan-type=refinance%20\"><img decoding=\"async\" loading=\"lazy\" class=\"map margin-tb20\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" data-lazy-src=\"http:\/\/rss.cnn.com\/content\/uploads\/2017\/08\/map.jpg\"><noscript><img decoding=\"async\" class=\"map margin-tb20\" src=\"http:\/\/rss.cnn.com\/content\/uploads\/2017\/08\/map.jpg\"><\/noscript><\/a><\/p>\n<p><a class=\"btn btn-blue\" href=\"https:\/\/www.lendingtree.com\/redirect\/offers?id=Content-mortgage&#038;loan-type=refinance%20\">Free Payment Estimate<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>At LendingTree, we help you get the best deal possible on your loans, period. By giving consumers multiple offers from several lenders in a matter of minutes, we make comparison shopping easy. And we all know-when lenders compete for your business, you win! See Refi Offers Now Pay faster to save a ton A mortgage&hellip;<\/p>\n","protected":false},"author":10,"featured_media":41591,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-41590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/41590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41590"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/41590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/41591"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}