Pay Off Mortgage Early
Loading...
Loading...
1:38
How to Payoff your mortgage in 7 years without using your money.by MrAlanKendall21,803 views- 1:43
5 Tips to Pay Off Your Mortgage Fasterby CourtneyBrophy6,279 views
- 1:13
3 Reasons Why You Should Not Pay Your Debtby 911creditpros5,950 views
- 9:45
Huge Crash Comingby joomlasites197,260 views
- 2:38
How I Make $500 Everydayby manfixx271,243 views
- 5:47
Pay Off Your Mortgage In As Few As 3 Years With MortgageAcceleration.netby Payoffmortgageearly4,619 views
- 2:08
Dave Ramsey, "Pay Off Mortgage" Money Makeover - 7/10by 100huntley65,534 views
- 5:42
Suze Orma Mortgage Paydownby ksblues16,117 views
- 4:27
Don't Get a Dave Ramsey Mortgageby askpmi11,718 views
- 3:20
Slash Your Mortgage Without Refinancingby PollyWallyWoo15,510 views
- 3:58
Suze Orman says "Pay Off Your 9 Mortgage"by swindled5527,877 views
- 1:35
How to increase credit scores fastby TurnerRealEstate5,926 views
- 2:03
Ask Suze: Where should I open a Roth IRA?by moneymindedmoms11,678 views
- 0:31
Suze Orman's - 3 Year Rule For Carby moneymindedmoms13,425 views
- 4:01
How Do I Get Rid of Debt? Watch Thisby mr1275004,633 views
- 2:55
How to rob a bank legally? by Robert Kiyosakiby leo1300177127,202 views
- 1:12
How To Buy Foreclosures. No cash or Credit-http://www.theexpertsinrealestate.com/realestaterichesby kbjunor12,231 views
- 5:55
Use Your House to Pay for Your Houseby PollyWallyWoo3,177 views
- 2:08
#1 Secret of the Wealthyby henrygjose55,824 views
- 4:56
Suze Orman - proper way of looking at homeownershipby smush135,613 views
Don't trust this guy. Paying off your mortgage as fast as you can is the right thing to do. It is solid, GUARANTEED wealth growth (not paying as much interest on your income), and leaves you owing less and possibly paying off your home before you may run into economic hardship. Then if the SHTF you can (if you REALLY HAVE TO) refinance a small affordable loan, or bask in the glory of your new minimum wage job as your home is payed for.
paulsballsify 1 month ago
It's not how much your monthly payments are that's of prime importance, it's how much of that payment is principle and how much is interest. Your tax advantage is only a deduction on the interest portion of the payment. And it's only a deduction, it's not a total write-off. You are servicing that debt for an extra 15 years.
Look at alexremix's response to get some idea of what the numbers look like.
scoobydo 2 months ago
Why is this video entitled Pay off Mortgage Early, when you're recommending that people go for the longer amoritization?
scoobydo 2 months ago
Bullshit!
radishfever 2 months ago
150000 at 6%
30 years:
Total paid $323,754.89
Interest paid = 173,754!! (and you are 30 years older!!!!)
15 years:
Total paid $213,513.47
Interest paid = 63,513 and you have 15 years to enjoy your paid off house..
Simple!!!!! you choose....
alexremix 3 months ago
I agree! This guy doesn't seem to understand the concept of paying all that interest with very little tax benefit. He's also assuming someone is in the 25% tax bracket. What if they are in the 15% bracket? The title of this video is a bit misleading as well.
ricflair123 6 months ago
Meanwhile, you have paid over $350,000 for a $150,000 home at the end of 30 years with very little tax write-off toward the end of the loan.
Basically someone who can't do math.
mommasonga1 11 months ago