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By Mia Taylor, Bankrate.com (TNS)

Paying your mortgage on time is good for your financial health in many different ways, including helping you build equity in your home and improving your credit score.

Here’s an overview of the various ways you can make a mortgage payment, plus tips on how to pay on time, every time.

5 ways to make a mortgage payment

Your mortgage payments are due each month, though you can choose to make payments more frequently. To keep on top of the schedule, it’s important to use the payment method that works best for you. Here are five ways to pay your mortgage and what you should know about each method.

1. Pay online

Pro: Fast, flexible option that allows you to make payments at your convenience

Con: Must have reliable computer, phone or tabl

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