How Joe in Tennessee Paid Off $86,000 of Principal in 13 Months

What was your mortgage situation prior to starting with Replace Your Mortgage?

We had a 30-year mortgage with a starting balance of $369,500, and a remaining balance of $280,350 after 13 months.

What is the current status of your HELOC and how many months did it take you to achieve it?

After 13 months, we’ve reduced our principal by $86,000.

What was your biggest concern when deciding to join RYM?

Our only worry was conceptualizing increasing interest rates over time.

We have a better understanding that we are interest-immune, and it’s working great.

How has using the RYM strategy changed your life?

We have a positive outlook on paying off our only debt within 4.5 years and having flexibility to invest, options unlimited.

What advice would you give to a homeowner considering trying the RYM strategy?

Start having conversations with banks and don’t wait. Time is money, cash is king and you’ll live with more peace knowing the biggest asset is closer to being owned outright.