How Derrick in Colorado Paid Off $27,000 of Principal in 4 Months

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

I was just under 2 years into a 30-year mortgage that started at $425,000.

I was at about $400,000 when I joined RYM and replaced my mortgage with a HELOC.

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

After 4 months, my balance is at $373,000.

What was your biggest concern when deciding to join RYM?

My biggest concern (though not THAT big) was the rising interest rate.

How has using the RYM strategy changed your life?

RYM has made me more mindful of where our money is going, and more motivated to pay off my home quickly.

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

Simply: DO THE MATH.