These methods are hidden by banks. How to PROFITABLY and QUICKLY PAY OFF your mortgage?
In this video, I explain how our mortgage payment is actually distributed and why banks don't advertise the real benefits of early repayment.
I'll explain where to get money for early payments, when it's most profitable to do so, and how such payments shorten the loan term. You'll learn exactly what's reduced by early repayment and whether it's worth it at all. We'll also discuss refinancing—an effective way to speed up repayment.
All the key points with time codes are in the description.
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Video Navigation:
00:00 Start
00:40 How is a mortgage payment distributed?
01:36 Why is it worth making early mortgage payments?
03:05 Where can I get money for an early mortgage payment?
04:52 When is the best time to make an early mortgage payment?
06:33 How do early payments affect the mortgage repayment term?
08:02 What does an early mortgage payment reduce?
10:00 AM Is it worth making early mortgage payments?
10:50 AM Refinancing as a way to pay off your mortgage quickly
12:50 PM Conclusion