This video shows a report covering the pros and cons of either making larger mortgage payments each month or investing your money. The bottom line is about saving money and if you can save more money by making larger payments and paying less interest, or making money through investments.

In the current economic climate many people aren’t sure whether or not to pay more on their mortgage or more in investments.  In the past the investment factor would almost always be the better option, but you need to make sure that you look at the current economic conditions before you decide for yourself.  Put all the numbers on paper, watch the video, and then proceed.

Key Points from this Video:

• You pay a lot of interest when paying for your home.
• You can pay your loan off sooner and pay less interest if you pay more each month.
• Paying off your mortgage may give more peace of mind than investing your money.
• Investing your money may allow you to earn more than you save through paying more on your mortgage.
• You have to decide which you would rather do as it has to be taken on a case by case basis.

Overall Rating (1-5): 4

Entertainment Rating (1-5): 4
Very informative and insightful video on the pros and cons of both bigger payments and investments.

 Instructional Rating: 1
Not an instructional video.