@michel.c.janse: so you’re telling me that about 11 of the last 12 months of paying a mortgage did nothingggggg?🙃

Michel Janse
Michel Janse
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Region: US
Tuesday 30 July 2024 15:43:41 GMT
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yakfitnezz
yak :
mortgage hack: make a 13th payment every year
2024-07-31 12:43:25
7842
allooyy_
chels :
I’m convinced more and more that I don’t want to actually own a home
2024-07-30 19:23:56
2700
tomthetrainer0
Tom The Trainer :
Over pay your mortgage, saves years
2024-08-01 07:55:32
1371
brittanivm8
brittanivm8 :
We pay an extra $300 a month straight to principal to pay this bad boy off 16yrs earlier
2024-07-30 19:34:09
861
natashacoolio
N A T A S H A :
An extra $150 a month saves YEARS off your mortgage. Just make sure it goes to principal only, not interest!
2024-07-30 20:47:43
5419
user828380000000
smokingjacket :
Yall signing 30 year loans not knowing what an amortization table is?
2024-07-31 00:44:48
4474
caseym178
Casey Reyes :
Yeah I can’t imagine for the people who have 7% plus interest rates
2024-07-30 18:07:26
263
caitlynlaurencorn
Caite Lauren :
Actually, just ONE extra mortgage payment takes off about 7 years.
2024-08-01 02:41:27
28
the_stud_city
Stud City :
Life hack, make more money
2024-07-31 18:19:02
692
funnykitty40
Funnykitty :
Excuse me? You get a tax deduction for paying a mortgage?
2024-07-31 11:38:15
8
user9686293442423
Siege Goose :
Beats paying even more to a rich stranger just to stay in a place they own.
2024-07-31 02:16:28
737
livia202222
Double2022 :
You pay for most of the interest upfront so the first couple of years you don’t make much progress
2024-07-30 15:51:18
1372
slartibartfast93
slartibartfast :
It’s why when people ask if I rent or own I say “I live in a house that a bank owns”
2024-07-30 19:11:24
1665
poetatoeboi
poeb :
Whatever you do, do not look at your amortization schedule
2024-07-30 19:21:04
89
kingkap47
KingKap :
I just finished to this vid lol
2024-07-30 20:12:07
14
jesnerdingout
Jes Nerding Out | 🎮🤓💾💕 :
You get to write that off though so the first 1-2 years of house ownership tax advantages are really fun come tax season!
2024-07-30 18:26:26
78
doodleboz
Doodleboz :
The rest isn’t just interest, a huge part of that is property taxes.
2024-08-01 03:36:31
1
erinrobinson
Erin Robinson :
I counteract this by checking Redfin daily to see how much our appreciation has gone up 😆…and to see if I can find a new house that I can’t afford
2024-07-30 16:13:56
86
jagroopdhillon786
Jagroop Dhillon :
You wanna know something worse.
2024-07-30 22:53:21
2
jon.from.canada
Jonathan :
Took a 30 year mortgage on most recent rental, only borrowed 270k. After 6 months paying $1900 ish I’m down $1000.
2024-07-31 15:16:11
46
kstfarms
Kelly :
Split your payments into x2 a month
2024-07-30 22:08:00
1
slappytoad
Slappy Toad ✈️ Digital Nomad :
Pay half every 2 weeks. It helps a lot?
2024-07-31 23:51:59
1
itsjackgoff
Jack :
What’s the average mortgage interest rate in the US for 25 year mortgages? Do they fix it for a certain number of years like in the UK? 🇬🇧
2024-08-02 13:29:58
1
samlowell8
Sam H. :
A lot of your monthly mortgage doesn’t really go to your mortgage. A lot of it goes to basically a savings account for annual property taxes and insurance. Remembering this makes me feel better. Lol
2024-07-30 16:05:08
149
_rtcreations95
_rtcreations95 :
NEVER LOOK AT THAT 😂😂😂
2024-08-02 02:03:45
4
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