3422: Mortgage Prepayment Made Easy: Own Your Home in Half the Time by JD Roth of Get Rich Slowly

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Investing, Self-improvement, Education, Business

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🗓️ 14 January 2026

⏱️ 12 minutes

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3422: JD Roth explores the practical and psychological benefits of prepaying a mortgage, even when the math favors investing. Drawing on Charles Givens’ strategy, he outlines a flexible approach that slashes loan terms while offering financial peace of mind and long-term freedom. Read along with the original article(s) here: https://www.getrichslowly.org/mortgage-prepayment-made-easy-own-your-home-in-half-the-time/ Quotes to ponder: "You can pay off your 30-year mortgage in half the time without refinancing by making extra principal payments." "Many people find peace of mind in paying off their mortgages and owning their homes outright, especially as they approach retirement." "Every time we make a payment, we're essentially making two payments, cutting the term of our mortgage in half." Episode references: Wealth Without Risk: https://www.amazon.com/Wealth-Without-Risk-Charles-Givens/dp/0671675567 Learn more about your ad choices. Visit megaphone.fm/adchoices

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1:05.8	Mortgage prepayment made easy. Own your home and half the time by JadyD. Roth of get rich slowly.org. Because I recently
1:14.9	eliminated all of my non-mortgage debt, I had a significant positive cash flow. The $1,000 per
1:21.4	month I was putting towards debt can now be used for investing. I'm making maximum contributions
1:26.8	to my Roth IRA, of course, but that still
1:29.6	leaves several hundred dollars each month available for other purposes. This has forced me to evaluate
1:35.0	my financial goals. Mortgage prepayment options. For the past year, Chris and I have discussed
1:42.1	making accelerated payments on our mortgage.
1:44.9	I've written about this choice several times at Get Rich Slowly, and it seems clear that
1:49.1	mathematically it makes more sense to invest the money. However, it's also clear that eliminating
1:55.0	a mortgage offers a tremendous psychological boost. I've never heard anyone say they regret
2:00.5	owning their home outright. I've researched heard anyone say they regret owning their home outright.
2:02.5	I've researched a variety of mortgage acceleration schemes. Refinancing from a 30-year to a 15-year
	...

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