Down Payment on a House: How Much Do You Really Need? - NerdWallet
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4 months ago
nerdwallet.com
By adding just a few dollars a day toward your principal balance, you can shave years off your mortgage without refinancing or changing your rate. Here’s how it breaks down: 💵 $3 a day → save about $67,000 and pay off your home 3 years early 💵 $6 a day → save roughly $118,000 and cut 5 years off your loan 💵 $9 a day → save over $158,000 and finish 7 years early For a $400,000 mortgage at 7%, that’s just an extra $91/month no lump sum, no big payment, just a consistent daily habit that redirec
By adding just a few dollars a day toward your principal balance, yo…
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