@ramsey.solutions: The problem with a 30-year mortgage is that you waste too much money on interest and stay in debt way too long.🏠   Go with the 15-year fixed-rate loan. You’ll save thousands of dollars and pay off your house faster, paving a much smoother path to your other financial goals!🎉 #mortgage #mortgagetips #homeownership #homeowner #buyingahome #moneytok

The Ramsey Show
The Ramsey Show
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Region: US
Wednesday 07 February 2024 23:51:02 GMT
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ell1201_
Elliott :
Yeah thanks Dave mortgage payment is now 5 grand a month, can’t afford to to breathe, nice one.
2024-02-08 15:46:40
4496
polaabir
PolaaBir :
Right. I mean, why stop at a 15 year mortgage? Get a 5 year mortgage and be freer even sooner?
2024-02-08 18:16:24
2387
detoxxgto
Detoxx GTO :
the problem is you think the goal is to pay off the mortgage, that should never be the goal.
2024-02-08 01:55:33
243
nkoba256
Nkoba256 :
In Africa we dont pay mortgage we just use our own money to build our houses 🏡
2024-02-10 14:36:00
896
jayyo08
Jayyo08 :
How I feel now the mrs has had 2 kids
2024-02-08 15:44:33
404
379petercarr
BigBadPontiac :
Take a 30 and treat it like a 15 , that’s what smart people do
2024-02-10 03:48:29
117
thebeekeeper01
TheBeeKeeper :
Why stop there? Just buy the house outright and be debt free from day one. Problem solved.💪
2024-02-09 18:51:49
560
redinho23
redinho23 :
yeah right, get a 15 year fixed loan with the rates at the moment!! good one
2024-02-08 11:18:01
692
andre_0id
Andre-oid :
how long will it take to fill it up
2024-02-10 05:28:34
395
kevhoops
Kev Hoops :
Just pay cash and be mortgage free
2024-02-09 18:37:40
66
justthisandthat1
Thisandthat :
The real answer is to get the 30 year mortgage but make 1 or 2 extra payments per year off the capital. Means you have lower monthly payments too.
2024-02-08 16:51:27
121
calibarra2020
Capybarrra :
But the interest is a tax deduction and works well for my finances. Mr. Ramsey isn’t paying my bills now. If he can, I’ll happily let him.
2024-02-08 00:44:00
38
rainydays2017
rainydays2017 :
Even after 6 years, I’ve only paid off 6k apparently 😳
2024-02-08 07:13:24
8
startearlyretireearly
Retire early :
Do a 30yr & pay it like a 15yr. Or do what I do & invest because everything & their brother is beating 3% interest these days. 7% mortgage is diff
2024-02-08 00:05:25
27
mikiyrocky
MIKIYROCKY :
today is my birthday
2024-02-10 08:54:05
22
cringle34
⭐️ :
Millennials are actually forced to take out 40 year mortgages in order to get on the property ladder
2024-02-08 20:07:31
64
skilg4nnon
Jay, king of J’s :
I just bought my first house with my fiancé, were 25 and 29 and we both work full time. A 30 year mortgage was the only way we could afford a 100,000 starter home. 15 years wasn’t possible.
2024-02-08 20:32:31
13
chrisrobertsl107
Chris Roberts :
Go with a long payment then overpay. Short term loads of the high payment still goes to interest.
2024-02-08 14:59:26
20
steelhead439
Neville P Adderley :
Hey George we going to need a bigger truck 😂
2024-02-10 18:07:07
96
danielbruggy
DanielBruggy :
You mean paying $700 rent every week
2024-02-10 10:22:33
7
phillipgibson1
Phillip Gibson :
3 years now and I can still see the ground
2024-02-10 03:27:53
51
sqiandcats
Sqi :
right yeah let me fucking summon an extra grand a month, ya melt
2024-02-08 19:43:32
241
jimtomfukyou
JimTom :
And how do you propose we double our income to service that short mortgage? 🤦‍♂️
2024-02-10 01:06:10
71
shaunb198
Shaunb :
we don't have those in Canada
2024-02-11 19:44:11
4
confucius_santos
Chris --988 :
That looks more like paying rent to me.
2024-02-09 17:30:55
10
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