Bimonthly mortage payments
I've been thinking about making bimonthly mortgage payments. When I've read about how much they save you in the end, they make a lot of sense. I would do this on my own instead of paying someone else to do it for me.
But here's my question. We will only stay in this house for two or three more years. I'm not sure it's worth it to do the bimonthly payments. Will it really save us that much money over just 2 or 3 years? I know we will build a bit more equity, but how much will we really save on interest? Would it be more valuable to put that extra money towards higher interest debt?
What do you think?