https://www.hoyes.com/blog/burn-your-mortgage-with-sean-cooper/ Hoyes, Michalos & Associates Inc. | Ontario Licensed Insolvency Trustees Wed, 24 Nov 2021 18:01:48 +0000 hourly 1 https://wordpress.org/?v=6.5.3 https://www.hoyes.com/blog/burn-your-mortgage-with-sean-cooper/#comment-284 Sun, 19 Feb 2017 14:43:16 +0000 https://www.hoyes.com/?p=14339#comment-284 One banker gave me her secret to achieving a quicker ‘mortgage burn’ rate. Each week she checked her mortgage balance. If it was $100,614. she would look for a clean number. In this case she would make a payment of $14. Seems small, but it kept her focused, just as Sean said, and it was additional weekly payments. Psychological motivation.

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