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

We had a 30-year mortgage with a balance of $230,000.

When we joined RYM, we had $210,000 remaining in principal after paying the monthly payment for 5.5 years.

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

After 3 months, our balance is down to $193,000.

What was your biggest concern when deciding to join RYM?

Initially, I did think RYM was too good to be true.

But, I'm an accountant, so I crunched the numbers. This strategy works, if you stick to the plan.

How has using the RYM strategy changed your life?

It's made both me and my husband conscious of all the little things we were needlessly spending money on -- how those little things can add up to a big benefit by paying down that HELOC.

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

I would advise you to pencil out the numbers, using as much of a realistic scenario as possible. If you do this, you will go into the plan knowing what to expect.