Paying off a mortgage quickly can save significant money. Strategies include making higher repayments, opting for fortnightly payments, consolidating debts, and using home equity. Switching to a lender with a lower rate can also reduce costs. Sacrificing minor luxuries and staying informed about market changes can help. Paying upfront fees and the first installment early can provide advantages. Shopping around for the best loan and choosing one that fits your needs is crucial. Keeping an eye on deals and maintaining higher payments after switching can further expedite mortgage payoff.
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