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How to Pay Off a Mortgage Early in 6 Simple Steps | My Personal Method

463,376 views November 6, 2019 9:27

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ChannelMichael Saves

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PAY OFF YOUR MORTGAGE EARLY: I'm sharing the simple 6-step strategy that I followed to pay off my $86,000 mortgage in just two years. If you want to be 100% debt-free, follow these steps to pay off your conventional mortgage faster. Mine was a 15-year fixed-rate mortgage with a 3.75% interest rate. LEARN MORE: michaelsaves.com/mortgage/pay-off-mortgage-earl…

0:00 Introduction
1:13 Step 1: Buy a home you can afford
2:50 Step 2: Get a 15-year mortgage if you can
3:56 Step 3: Set a target payoff date
5:11 Step 4: Automate additional mortgage payments
5:57 Step 5: Increase income and reduce expenses
8:25 Step 6: Reward your success

My personal budgeting method: michaelsaves.com/budgeting/google-sheets-budget…

About this tutorial

Michael Saves published this 9:27 video tutorial on November 6, 2019. It has been watched 463,376 times on YouTube.

Duration
9:27
Published
November 6, 2019
Views
463,376
Likes
6,163

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