I've got some mortgage payoff strategies that you need to know about. If you do want to pay off your

mortgage, this video is for you. This is one of my favorite topics to talk about. So today I'm

going to share everything I know. You're going to learn about different strategies that you can

use, which one is the most effective if you're serious about

making progress, and what you should consider doing before you start paying down your loan. So if

you're ready, grab a pencil, paper, and let's get right into it. So first, why would you want to

pay down your mortgage early? Well, there are a number of benefits, of course. Mainly when you

pay down your loan early, you save a boatload of money that you'd be paying

in interest payments.

Plus, paying down your mortgage allows you to reduce your overall expenses, build your

equity, lower your debt load, and free up funds to use for other purposes.

Whether you want to use that money to invest or simply want to have less debt, paying off your mortgage

can afford you more options in your life. Now, I've been talking about mortgage payoff strategies

for almost a decade now. Heck, I've even written a book on the subject. But I've noticed this topic

gaining a lot of popularity in recent years. This is because the pandemic reshaped the way people

thought about staying at home, living at home, paying off their mortgage. This is because the pandemic reshaped the way people thought about staying at home,

living at home, paying off their mortgage. And data from the Pew Center actually found that

Americans since 2017, more Americans find meaning and value in issues like financial independence,

which is great news. So now let's talk about the mechanics of how to pay down your mortgage. Okay, first strategy

that I want to talk about that most people know about is simply paying more. I know it seems obvious,

right? But even making one extra payment a year on your mortgage can actually make a significant

dent in your balance. This is a popular strategy and it can be done in a few different ways.

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