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.

One of the most challenging aspects of starting the homebuying process is figuring out how much you can afford. With CNBC Select's mortgage payment calculator, you can see how various factors will ...

Recasting lowers your monthly payment, but it doesn't shorten your mortgage or maximize interest savings. Making an extra principal payment won't lower your monthly payment but can reduce the total ...

If you’re a first-time homebuyer who hasn't saved enough to make a large down payment or are concerned you might not qualify for a conventional home loan, a Federal Housing Administration (FHA) loan ...

For many retirees, the rising cost of daily life is putting pressure on already stretched budgets. The latest Consumer Price Index data, released this week, shows that inflation continues to tick ...