Paying Off The Mortgage Early - What $100 Can Really Do

Рет қаралды 186,172

6 жыл бұрын

Paying Off The Mortgage Early - What $100 Can Really Do
🎓Refinance and lower your student loan interest rates (Plus $100 Bonus after refinancing):
trufinancials.com/earnest
Today we talk about paying off the mortgage early. How much can $100 a month extra towards your mortgage save you in interest and loan term? We look at paying off the mortgage early to help have a bigger impact on our wealth building by not only saving money on the mortgage, but freeing your cash flow once the mortgage is paid off. As mentioned in the video, plug in your numbers and let me know down below if you'd like how much you would save in interest and time if you added $100 extra a month towards the mortgage.
🔵www.churchillmortgage.com/Res...
----------
My recommended resources👇
----------
💰 M1 Finance - Invest in Fractional Shares like Tesla for Free
trufinancials.com/m1finance
----------
🎓Earnest - Refinance Your Student Loans to Lower Your Interest Rate & Save Money
trufinancials.com/earnest
----------
🏡Fundrise - Start Investing in Real Estate Today
trufinancials.com/fundrise
----------
🏦CIT Bank - Great Savings Account to Earn High Interest
trufinancials.com/citbank
----------
🏦SoFi Money - Great Checking Account (Deposit your first $100 within 14 days to earn a sign-up bonus)
trufinancials.com/sofimoney
----------
👫Ladder Life Insurance - Check Term Life Insurance Rates to Protect Your Family trufinancials.com/ladderlife
----------
💸Cash App - Free Money Transfers with Cash App (Get a sign-up bonus after sending your first $5 to a friend or family member)
cash.me/app/lfxbrtq
----------
For more resources check out:
www.trufinancials.com/resources
----------
DISCLAIMER: Denis Trufin, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experiences and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Denis Trufin's results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For financial or investment advice please seek the counsel of a financial/investment advisor(s), and conduct your own due diligence.
DISCLOSURE: Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinions and comparisons.

Пікірлер: 698

@WhackTheSack 5 жыл бұрын

Time Saved: 4 years 12 months. Also known as 5 years

@DollarDude 6 жыл бұрын

This is one of those things that people don't believe until they see the real numbers - so thanks for showing them!

@davef6337 5 жыл бұрын

You are so smart to be starting so young. Good work.

@ResourceTalks 6 жыл бұрын

This is great, a lot of people don't believe that that amount of money can actually mean something, but it really does!

@josephhogue 6 жыл бұрын

Great video. Too many people think they have to go big or nothing with their debt payoff but every dollar helps. We recently paid off our car loan with just $25 extra a month.

@EC4400 6 жыл бұрын

This is so impactful, It helps to see where the money goes. I certainly will apply what I just learned and thank you for sharing, I will share also.

@OneHappyFrugalFamily 6 жыл бұрын

This is one of the best videos I've seen for me with my personal finance and current situation. It totally relates to where we are at right now with our mortgage situation. Thank you Dennis.

@neilbradley 5 жыл бұрын

Already knew all this stuff because I'm an old fart compared to you(49), but I didn't learn it until about age 35. I really am impressed and encouraged by someone so young having such a good financial head on their shoulders. Subscribed. Keep up the great work!

@anabohanes107 5 жыл бұрын

Thank you so much for sharing about this calculator. I’m looking into buying a house that the market is looking good. I appreciate you sharing this.

@arleneaugustahair8393 5 жыл бұрын

Thank you so much for this video. I have been trying to show my husband on my spreadsheet but he doesn’t understand it like I do and this makes it a whole lot easier. 💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾💃🏾