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What is the best way to get the principal balance of a Home Equity Line of Credit and/or Mortgage down fast!?


We have a large mortgage and a HELOC.

Is there a proven method to reduce this fast? Can you make two or three payments a month?

Pay as much as you can over your minimum payment monthly.
You can make multiple payments per month as long as you pay the amount that is needed by the due date. Also, putting extra into your payments that go to principal would help you to pay the loans down.
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