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552,730 Views β€’ Nov 20, 2023 β€’ Click to toggle off description
Believe it or not, your mortgage doesn’t have to be a debt you carry for the rest of your life. Your income is your biggest wealth-building tool, and if you’re no longer using it to pay off your mortgage, you can win with money in a big way. In this episode, learn the pros of paying off your house early.

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Views : 552,730
Genre: People & Blogs
Date of upload: Nov 20, 2023 ^^


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YouTube Comments - 1,025 Comments

Top Comments of this video!! :3

@kickasskdf

5 months ago

Made my final mortgage payment yesterday! 38 and debt free!!!!! Took about 11 years and 4 months to pay off.

328 |

@astroman30

2 months ago

Paying off your house means more than just financial peace. The mental peace you get knowing that you can go to bed at night not owing money to anyone is a feeling of tranquility that is hard to describe.

21 |

@janetd254

5 months ago

We were able to pay off our mortgage this past august. Life has been changed drastically for us. We no longer worry about money and our focus now is saving. We were able to pay it off in 10 years. The remaining balance was 20k and we payed the lump sum. At age 33 with a household income of 120k. I’m very proud of us.

729 |

@armandoweckmann5699

5 months ago

I paid off my house 3 years ago. I literally can now save $60K per year. It's pretty cool, and I am single with no kids or other debts 😊 πŸŽ‰ best part is I love working and making a 6-figure income. Next is finding someone to share it with. Starting my 40s with a bang πŸŽ‰ 😊

288 |

@glenn4198

5 months ago

Today my mortgage of 175k is being paid off after almost 8 years and feels great 😊

127 |

@sayless1445

5 months ago

I've been in my home 9 years and got really focused in the last 3 years. I'm looking toward a payoff in mid 2024πŸŽ‰πŸŽ‰πŸŽ‰πŸŽ‰πŸ™ŒπŸΎπŸ™ŒπŸΎ

129 |

@pmarie2003

3 months ago

I just paid it off this morning! Zero debt. πŸ˜ƒ I'll take the cash, do some upgrades, then get ready to downsize and retire.

43 |

@managingmonasmoula9811

5 months ago

I currently owe $85,976 on my mortgage loan and I’m aggressively paying down this mortgage at this time. I can hardly wait to pay this loan off. Then I will be debt free! Yessss!

105 |

@mrchino4u

3 months ago

I recently payed off my house. I payed the last $500k and now debt free. I make 1.2M a year and can finally breathe πŸŽ‰

9 |

@iforgotmyscreenname1

5 months ago

Thank you Dave!!! I will be done with my mortgage in 3 years. Turn a 30-year mortgage loan into an 8-year loan.

201 |

@vodkalima

5 months ago

Thank you Dave. I just paid my last mtg payment last week @ 40 yrs old.

81 |

@reptoid7340

5 months ago

We are now 8 years into our current house and in the process of paying it off by end of December 2024!!

38 |

@blairkinsman3477

5 months ago

Been πŸ’― debt free for 14 months .. including the house .. glad we did it .. thanks Dave !!

124 |

@msparr01

2 weeks ago

My wife and I paid off our home in June of 2020. I was never afraid of Covid or any of it's variants. What terrified me was that, in America, the government could determine that a business, a church or whatever, was non-essential and close it down. We had 6-1/2 years left on a 15 yr mortgage and because of creating my own side hustle 20 years prior, we had enough money to comfortably pay the house off. Both the lock downs and the masks were so terrifying to me that I told my wife, I don't know where the world is headed but we are going to live in a home that is paid for. No excuses!! I was making $36k at my job and my wife had always been a stay at home mom. 4 months later I was fired after 20 years without severance, unemployment was blocked, and my insurance ended in the blink of an eye. Thank God for a side hustle that now supports my family better than I ever thought possible. Pay it off people!

7 |

@jonathanyates8755

3 months ago

As a 26 year old married guy who just bought a home for my wife and kids and owes $340,000, that debt is daunting! I cant wait to get where some of you are.

9 |

@lovelight3037

5 months ago

We paid off our mortgage in this November Thanks to Dave’s 7 Baby steps and now we are one of the everyday millionaire because of his teaching! Very grateful that our family future has changed and we are now in Step 7! God Bless Dave and the team and it truly works if you follow his outstanding advice as we have validated it through our own experience to build financial peace and wealth!

75 |

@spursnation5422

5 months ago

We owe 55,000 on our home my wife and I are on a mission to pay off our home in 1 year and I will throw 10,000 straight to principal that should cut the interest to nothing . Wish us luck πŸ€

14 |

@BeingAgile_Consulting

5 months ago

I followed Dave religiously for 1 year, and we were able to pay off our mortgage. Thanks to Dave, I dedicated 16months in working full time and paying my Masters out of pocket. Today I am completely free, glory be to God. I am naturally very scared of debt because I grew up watching my mom drawing in debts and never able to pay until our adulthood, my siblings and I came together to pay of her debts and for the 1st time in her life she is experiencing true peace of mind. Now, I am entering my investment phase. I need all the guidance I need to invest wisely πŸ™. YOur suggestions are welcome. IT IS POSSIBLE, YOU ONLY NEED TO BE EXTREMELY DESCIPLINE. THANK YOU DAVE. πŸ™

27 |

@christianburris3474

6 days ago

Paid off my million dollar home 2 weeks ago at age 51. Holy cow I am so happy. No stress. I now have a huge asset to leave to kids. I can now enjoy the rest of my life without a mortgage payment. So many options open up when you don’t have a mortgage payment….

2 |

@azieltobias

5 months ago

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

189 |

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