Results for - Mortgage Prepayment options

1,580 voters participated in this survey

1. If you have a mortgage do you ever take advantage of pre-payment options to get it paid off sooner?

Yes
19%
304 votes
No
19%
300 votes
Undecided
5%
74 votes
Not Applicable
57%
902 votes

2. Which options have you used?

Lump sum principal payment
9%
148 votes
Double up monthly payment
7%
115 votes
Bi-weekly payments
10%
155 votes
Raising your regular payment
9%
150 votes
What?? I have a mortgage but I have no idea what any of these are.....
7%
116 votes
N/A I don't have a mortgage
64%
1,015 votes

3. Using these methods can reduce your interest and the time you take to pay off your mortgage. Will you consider using them in the future?

Yes
25%
388 votes
No
8%
123 votes
Undecided
9%
135 votes
Not Applicable
59%
934 votes
09/12/2015 Money 1580 20 By: Ollieboo

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By: Ollieboo