Posts Tagged ‘20-year mortgage’
How David in Alabama Paid Off $7,000 of Principal in 5 Months
What was your mortgage situation prior to starting with Replace Your Mortgage? We had a 20-year mortgage, with a starting balance of $180,000. When we joined RYM in March of 2018, we owed $143,000 after 5 years of payments. What is the current status of your HELOC and how many months did it take you…
Read MoreHow Aaron in Washington Reduced His Debt More in 2.5 Months Than in 20 Years on a Mortgage
What was your mortgage situation prior to starting with Replace Your Mortgage? I had a 20-year mortgage that had been refinanced four times since 2000. Our original financed mortgage amount in 2000 was $95,000. The frequent refinances had my last balance prior to my HELOC refinance (Thank you, RYM for the education) at $88,000. All…
Read MoreHow David and Winnie in Florida Paid Down $64,000 in Principal in 12 Months
What was your mortgage situation prior to starting with Replace Your Mortgage? We had a 20-year mortgage with a starting balance of $360,900. When we joined RYM, we had a $345,000 remaining principal balance after paying our monthly payment and a little extra money each month for almost 2 years. What is the current status…
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