For someone who has a $300 000 mortgage,at an interest rate of 6.3 percent,which mortgage would be the best choice for increasing one's net worth?

Question

Quizplus · Accepted Answer

Accelerated biweekly payments will result in paying off the mortgage faster, which will reduce the amount of interest paid over the life of the mortgage. This will ultimately result in a higher net worth for the homeowner.

For Someone Who Has a $300 000 Mortgage,at an Interest