How To Pay Off a Mortgage

November 25, 2019

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

The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country! Watch video profiles of people just like you as they call in from Ramsey Solutions to do their debt-free scream live. The show streams live on YouTube M–F from 2–5pm ET! Watch here: https://www.youtube.com/channel/UC7eBNeDW1GQf2NJQ6G6gAxw

Other Video about How To Pay Off a Mortgage:

30-Year Vs. 15-Year Mortgage - What’s Best?

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

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

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 .

30 vs 15 year mortgage

30 vs 15 year mortgage

How to save money , so you have more to invest.

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