Pay Off Your Mortgage FAST-Save up to $80,000 Interest Costs

Pay Off Your Mortgage FAST-Save up to $80,000 Interest Costs. How We Stay Motivated to Pay Off Our Mortgage Early • Dave Ramsey Baby Step 6

Pay Off Your Mortgage FAST-Save up to $80,000 Interest Costs video duration 1 Minute(s) 47 Second(s), published by Huber Mortgage on 26 03 2019 - 17:56:51.

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Pay Off Your Mortgage FAST Save up to $80,000 Interest Costs

What if I could show you some simple strategies to pay off your mortgage almost 10 years sooner while saving up to $80,000 in mortgage related interest costs.
Hi, my name is Michael Huber, professional mortgage broker and owner of Huber Mortgage.
There are a number of strategies that savvy homeowners can use to pay off their mortgage sooner. These strategies are excellent and easy ways to cut years off of your mortgage obligation.
First - Increase your Monthly Payment - Increasing your monthly payment by 20% pays off your mortgage approximately 5 years sooner.
Second - Increase your Payment Frequency - Using an accelerated bi-weekly payment frequency will pay off your mortgage approximately 2.9 years sooner.
Third - Utilize your Lump Sum Payment Privilege - Lending institutions typically allow clients to put down annual lump sum payments of up to 20%. If you have the money to put down an annual 20% lump sum payment, your mortgage will be paid off approximately 20 years sooner. If you don’t have the full 20%, you can put down any amount over $1,000, directly against the principal.
Used individually or together, these prepayment privileges will help you get your mortgage paid off fast, allowing you the financial freedom to invest your money in other investments, education, property or lifestyle purchases.
Let me show you how to save thousands in mortgage related interest costs.
Download my ebook for strategies on how to further leverage the income saved by using prepayment privileges.
Let’s find YOUR estimated mortgage payment

Michael Huber, Professional Mortgage Broker Kelowna British Columbia Canada
Huber Mortgage Kelowna
Member of the Verico Compass Mortgage Group
Videos filmed and website created by Kodiak BC https://www.kodiakbc.com/