Wondering what to do with that tax refund? It might just be an opportunity to
save thousands of dollars in mortgage interest. In fact, a single one-time lump-sum
prepayment in the early years of your mortgage can not only trim your costs, but it
can carve years off your mortgage term.
Even adding as little as $10 per month to your current payment can save you
thousands of dollars of interest. Before you start, though, you'll need to understand
how and when to do so.