He PAID OFF his mortgage in 5 years | Morris Invest
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Why would you want to pay down your mortgage early? Well, there are a number of benefits. Mainly, when you pay down your loan early, you save a boatload of money that you would be paying in interest.
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 you simply want to have less debt, paying off your mortgage can afford you more options in your life.
In this video, we're going to explore a few different mortgage payoff strategies to consider, plus some things you should consider before you set this goal.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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