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How a couple paid down their 30-year mortgage in two years


1. They planned for a big down payment
Jennifer and Brian made a 51% down payment $260,000 on the home, which reduced their mortgage by half. Although it was a large amount, they were able to pay it because they had always been avid savers, even when they didn t know what they were saving for.
Since college, they had kept a tight budget on their expenses and always saved whatever was left over, even if it was as little as $50 a month. As their income increased, they did not spend more, but instead, increased their savings amount. This strategy managed to help them grow their savings gradually over 14 years. ....

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