If you’re like most house owners out there, your home is probably being propped up by a hefty mortgage. Banks are clever people and they have built a system where additional payments every month will not help to reduce your loan and interest payments. So, what’s the best way to reduce your mortgage and interest [...]

Home loans and mortgages are never easy to understand. Even the monthly statements provided are terribly complicated, however, you should always take some time to understand and analyse your monthly statements to know how your loan is being managed by the bank. Read on to understand more about advanced payments and why they do not [...]