Grant.Alpine
Region: US
Wednesday 22 July 2026 16:07:11 GMT
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Maryrich :
High school teacher here! We paid off our Texas house by making additional payments every month that went directly toward the principal. We paid off $390K in less than five years! We didn’t take out a HELOC—we simply stayed consistent and paid extra every single month. 🙌🏡💰
2026-08-27 02:51:14
0
Casey York159 :
My heloc doesn’t have a checking account associated with it that I know of…? How do I add this feature after already getting my loan?
2026-08-26 12:44:08
0
user7962658197282 :
How many people are making $10,000 a month?
2026-08-02 11:52:54
20
Jorge :
So just take the money you have left over every month and apply it to your principal? Why do I need a heloc to do that if I can just do that normally?
2026-07-22 19:13:20
8
PDawg :
You’re not including the interest from the HELOC
2026-08-03 04:01:25
10
Surviving the chaos :
300k is the HELOC.. that’s not the mortgage? You still have a mortgage payment on top of the HELOC. I’m confused.
2026-08-01 18:09:33
6
Beardudesc :
Why not just pay 5k to the mortgage?
2026-08-07 05:01:22
5
Bay Falcon :
I like the part where you explain paying the HELOC back. 🥰
2026-08-04 18:20:12
5
James Schmidt :
This must be the new math. At the end of five years you just transferred that money to the heloc with most likely higher interest.
2026-08-07 10:52:19
0
captainSCUBApilot :
I make 10,000 and I have 10,000 in bills every month. How long will it take me to pay off the mortgage?
2026-08-06 02:56:20
7
Christopher Grimes :
Also, why would you ever take out a HELOC (typically with a higher interest rate, often times variable) to pay your bills so you can pay off your lower-interest rated mortgage loan?
2026-08-07 04:01:20
0
Hooman Mobassery :
No bank allows you to put a HRLIC in first position if you have an active mortgage
2026-08-04 02:22:31
4
Cardi_for_babies :
The rate on your HELOC is worse.
2026-08-03 05:35:50
3
jonathanlesmes5 :
🤦♂️🤦♂️🤦♂️So the MOST important FACT that he should have started with is. YOU MUST HAVE AT LEAST 25% OF YOUR INCOME AVALIABLE AND DISPOSABLE AFTER UR BILLS AND OBLIGATIONS. If not. don't bother with the math. SMH 🤦♂️🤦♂️🤦♂️
2026-08-10 17:29:30
3
Trikon80 :
This only works if your house is paid off and then you take the HELOC if not you’re still paying down your original mortgage as well.
2026-08-08 05:11:53
0
BIGMFINDADDY :
you left out the interest on the HELOC.
2026-08-24 15:33:20
1
Scooter727 :
And don’t forget about your principal PMI payment of $6,000/ month. Who’s paying that?
2026-08-07 23:31:22
0
Christopher Grimes :
You can’t get a HELOC in a first position if you already have a typical mortgage. HELOCs take second position.
2026-08-07 03:59:42
0
DatsYUCK :
If I'm making 10K a month, I better own a house valued higher than 360K (accounting for 20% down)
2026-08-07 00:12:51
1
SmokeranchCNC :
Heloc is in addition bro your mortgage so this makes no sense
2026-08-04 04:54:33
1
aglaequinones :
Using your example..What is the difference if I send those $5,000 directly to my principal on my Morgage every month instead of a HELOC?
2026-08-06 18:47:18
2
Jasonwoods :
Interesting
2026-08-09 03:23:28
1
Plainferkeeps :
it's a repackaged "pay extra principal" plan with added rate risk.
2026-08-09 18:52:25
1
McCord Kirk Mecham :
ok now do the math if I make 3000 per month and my bills are 4000 per month
2026-08-07 01:20:50
1
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