How I Paid Off My $86,000 Mortgage in 2 Years | 6 Steps to Follow
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: https://michaelsaves.com/mortgage/pay-off-mortgage-early/ Buying a condo in 2022? Here are 7 mistakes to avoid https://www.youtube.com/watch?v=_M5wnvPRcAk 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 MORE MICHAEL SAVES CONTENT YOU MAY LIKE: My personal budgeting method: https://michaelsaves.com/budgeting/google-sheets-budget-template/ The best rewards credit cards: https://michaelsaves.com/credit-cards/best-cash-back-credit-cards/ 7 simple ways to improve your finances: https://michaelsaves.com/save-money/ways-to-improve-your-finances/