3 Tips to Payoff Your Mortgage Fast

Hmmmmmm, with motgage rates under 4% it might be better to take that extra cash and invest it in a mutual fund with a historical return of 8-10%. Keep that 3.5% mortgage as long as you can. Oh, of course pay off those high interest rate credit cards first.

I skipped the useless video. Okay, when houses were around $100k and under in the LA area in the 80s, people could afford it even by working minimum wages ($6-7 something/hr). No freaking credit cards, no credit check, working in McDonald's is fine, and yes the no down payments for first time home buyers. Right now, it's too complex and cost too much.

borrow as much as you can for as long as you can with these low rates and tax deduction, stop listening to advise from "kids" at yahoo

wow ... who would have thought paying more would pay it off faster.

at the end of the year take part of your income tax and apply it to your monthly payments maybe up to two or three months ahead and with your monthly checks you get any way you can apply them over here on something else up to two or thee months ahead,like your life insurance maybe think about it you will beable to save or catch up on another bill, like water always put if you can put alittle more on your bills if you can you,ll stay ahead and not to mention proud of your self later on in life l would say some time, you an,t got nothing on me i can leave town on an emergency for three months if need be and my bills are being paid automatic every month.

have your monthly payments automatic withdrawl from your account since it,s a lock in monthly payment,and you can always send in something on the principle just make sure you write principle on the check or money order.50 to maybe 100.when ever you can.I agree never borrow from anyone or any loan office because you are deeper in the hole and you will never get out, and you will in up losing eveething also you can relax and injoy your vacation or whatever

WOW! He's a geneous.

I REFUSE TO WATCH ANY MORE VIDEOS ON YAHOO. WE ARE ALL CAPABLE OF READING!

Easy. Pay in full... up front... with ca$h.

since the world is ending,,,,,,why pay it off!!!!

thought u werent suppose to pay off mortgage?
tax write off?

WAY TO PAY YOUR HOUSE QUICKLY - send in the lump checks.... he he he.. but do not, do not, do not borrow money to pay other borrowed money.... bad idea...

the way to pay off mortgage early is to use your raises to pay more against the principal. You can cut in half the time it takes to pay off the mortgage.

Take your mortgage statement, and notice the amount that goes to principal. The first few years of the loan this will be a pathetically small amount. Multiply that figure by 12, and send that in as an extra payment. Early on, it should be at or slightly smaller than your house payment. Congrats, you just knocked an entire year off your loan. Add the principal amount to a normal payment, and you just knocked off a month. If you are paid every 2 weeks, you will have a third check 2 months a year. Sending in extra lump sums for your mortgage at those times make it easy to knock large amounts of time off your loan.

Just pay more and more often and your mortgage will be paid off early!!! Wow this guy is really smart.

Why pay off your mortgage? Because....hmmm. some people like to be debt free?

You may be able to make more money by investing the money u save on the refinancing of your mortgage, instead of plowing it in by making extra payment on your mortgage. But those without a mortgage also don't get foreclosed-on either. What is the price of that risk you take with your money?

Make porno in your house and use the money to pay off your house! Its what I did!

Why would you want to pay off a mortgage? You can get a 15yr mortgage @ 3.5%. After deducting the interest from your taxes you are really getting the money for 2.5%. I'd rather invest my money and try to beat 2.5%.

its not hard to do I paid off a 30 yr mortage in 27 months worked 2 jobs and cut all the cable bills....of course the house is worthless now...bad move on my part