How many of you want to pay off your home mortgage as soon as possible. You’re not fooled by the bank marketing that keeps telling you a home loan is a great tax shelter. No, you are interested in mortgage reduction. Well, keep in mind that sending extra money to your bank may sound like the wrong idea - but actually you would be paying off your house sooner and end up paying thousands less in interest. Remember it is a loan and the bank makes interest until it is paid off. Send in an extra payment each year - call it a gift for the bank! ha!