Shop around for a lender that will give you the lowest rate on a mortgage that fits your needs. Choose the shortest amortization period you can comfortably afford. Buy less house than you can afford by purchasing at the bottom of your budget. If possible, provide at least a 20% down payment or more. Choose accelerated bi-weekly or weekly payments, if you can. Take full advantage of your pre-payment privileges, such as extra monthly payments or a large lump sum. Just make sure you understand your pre-payment restrictions to avoid an overpayment penalty fee. Keep the same mortgage payment when you renew or ask for a higher payment if you can afford it. Don’t withdraw your equity.