Discover how making extra mortgage payments could save you thousands in interest and help you pay off your home years sooner.

When you make biweekly mortgage payments, you pay your loan every two weeks rather than once a month. This translates to 26 half-payments, or the equivalent of 13 full monthly payments over 12 months.

Homeowners are increasingly exploring the benefits of making extra mortgage payments to reduce their long-term debt. For instance, a couple considering paying off their entire $483,000 mortgage ...

If you’ve received a large tax refund, you might consider putting it toward your mortgage as a lump-sum payment. If your payment is large enough — typically $5,000 or more — you may qualify for a ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...