Mortgage Reduction is seldom a topic of discussion. I have been around a long time in this industry, and have recommended many methods to maximize your hard earned dollars. Giving the bank as little as possible and you as much as possible. The most effective mortgage reduction strategy is not just about paying extra into your loan, or the lowest interest rates.
No doubt that this helps a little, along with lump sum payments and offset accounts; but this is by far not even slightly enough. if you want to get serious, and fast track your release of mortgage, we need to begin ASAP.