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

We had a 30-year mortgage with a starting balance of $290,000.

When we joined RYM, we had $285,000 in remaining principal balance after paying our monthly payment for 1.5 years.

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

After 15 months, we have reduced our principal balance to $215,000.

What was your biggest concern when deciding to join RYM?

We were worried about the variable interest rate and the risk it may increase significantly as compared to the fixed rate we had at the time.

After speaking with Michael, we better understood how and why the rate was not as important when using the RYM strategy.

How has using the RYM strategy changed your life?

We’ve become more focused on how we approach our finances and disciplined to adhere to a budget.

It’s increased our communication about money, which was void for so long, bringing us closer in our relationship as we both work toward a common goal.

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

It takes personal discipline with regard to adhering to a budget and living within your means.