- Increase your downpayment. The smaller the mortgage, the less time you spend paying down interest, the lower the interest paid.
- Increase the size of your monthly payments, or pay bi-weekly….26 half payments per year is akin to 13 months, not 12 month’s worth of payments.
- Renovations done wisely and cost-effectively add value to most properties.
- Minor upgrades can add value too.
- Refinance to a lower rate to shrink your monthly payments, freeing up more money for additional principal payments or renovations to boost equity. (COMPASS)
7/20/2025
5 Smart Ways to Build Home Equity Faster
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