Over time, mortgage borrowers increase their share of ownership in their home by making payments each month. (valuepenguin.com)
I've been making payments every month for X months, and I have a plan to repay all of this debt within Y months. (mymoneycounselor.com)
When you do this, not only are you given an interest discount (usually around 0.25 %), you also don't have to worry about making your payment each month. (studentloans.net)