Paying too much and what that does to your bottom line

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Paying too much and what that does to your bottom line

We often hear from consumers that they feel that they are paying more than they should. According to statistics, up to 60% of you likely are paying more than you should. Let’s talk about what that means. let’s say you are paying $300 a year more than you should, which equates to nearly $10,213 over the life of an average mortgage. If you took that money and put it towards your principle that same mortgage could be paid off 5 years sooner. This is just a $300 reduction per year, many of those we have helped have savings of $700-$2100 per year.