How To Pay Off a Mortgage. November 2018 Money Conversations - The Wealth Creation Equation
How To Pay Off a Mortgage video duration 3 Minute(s) 56 Second(s), published by The Dave Ramsey Show on 24 04 2018 - 15:30:02.
Paying off your mortgage in 5 to 7 years can help you change your life
Find out your mortgage options here: https://goo.gl/1up9dK SUMMARY In this video, Listen to the full episode here: http://www.wealthwithoutwallstreet.com/ep010/ For the average Joe looking to buy a home or a second vacation home, the .
How to save money , so you have more to invest Want More Wealth? For a limited time, download my free E-Book on this at: http://www.GetRichEducation.com/Book Listen to all of our shows with the Get Rich For this Conversation we follow up on a question I had regarding how having a 30 year mortgage vs a 15 year mortgage can put you in a position to have more .
Paying off your mortgage in 5 to 7 years can help you change your life. Find out your mortgage options here: https://goo.gl/1up9dK
SUMMARY
In this video, Dave shares how to pay off your mortgage early. Dennis in Charlotte, North Carolina, just bought a house with a 30-year mortgage and a 3.6% interest rate. He’s considering refinancing to a 15-year mortgage and taking his money out of mutual funds in order to pay off his mortgage fast.
Dave suggests refinancing to a 15-year mortgage to reduce Dennis’ interest rate, which would save him money in the long run. This means Dennis could pay off his mortgage in 5 to 7 years!
If you want to get serious about paying off your mortgage early, you have to commit to paying a little extra on your regular payment in order to put a dent in your principal balance. Adding even just one extra payment each year can take years off your mortgage!
RESOURCES
Use Dave’s Mortgage Payoff Calculator to see how fast you can pay off your mortgage: https://www.daveramsey.com/mortgage-payoff-calculator
Get some ideas on easy ways to cut costs and pay off your mortgage in 5 to 7 years: https://www.daveramsey.com/blog/how-to-pay-off-mortgage-early
Have other questions about mortgages? We’ve answered them here: https://www.daveramsey.com/blog/mortgage-questions
THE DAVE RAMSEY SHOW
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Other Video about How To Pay Off a Mortgage:

30-Year Vs. 15-Year Mortgage - What’s Best?
Want More Wealth? For a limited time, download my free E-Book on this at: http://www.GetRichEducation.com/Book Listen to all of our shows with the Get Rich .
November 2018 Money Conversations - The Wealth Creation Equation
For this Conversation we follow up on a question I had regarding how having a 30 year mortgage vs a 15 year mortgage can put you in a position to have more .
Debunking the 15-year Mortgage Myth
Listen to the full episode here: http://www.wealthwithoutwallstreet.com/ep010/ For the average Joe looking to buy a home or a second vacation home, the .
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